3, THE FOLLY, TIPTREE, COLCHESTER, CO5 0RJ - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 THE FOLLY is a very small extended semi-detached house of 91m², built sometime between 1950 and 1966, which could now be worth an estimated £433,879. It was last sold for £250,000 in January 2013, which was around 25% above the average January 2013 semi-detached price in the Maldon local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

3 THE FOLLY Sold Prices

Land registry data shows two sales for 3 THE FOLLY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Maldon local authority area for the corresponding sale date. Both of the two 3 THE FOLLY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2013 11 JAN	£250,000	£199,919	25% above HPI
2004 19 MAR	£180,000	£162,379	11% above HPI

3 THE FOLLY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Maldon local authority area over time, sourced from the HPI. The two 3 THE FOLLY sales from March 2004 and January 2013 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2004 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the January 2013 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 3 THE FOLLY be worth now?

3 THE FOLLY might now be worth an estimated £433,879.

This is based on house price inflation of 73.6%, between January 2013 and March 2025, for semi-detached houses, in the Maldon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 73.6% inflationary increase is applied to the most recent sale price for 3 THE FOLLY of £250,000 on 11th January 2013. For the value to have increased from £250,000 to £433,879 over the eleven years and ten months to March 2025, the following assumptions must hold true:

• The value of 3 THE FOLLY has moved in line with the HPI for semi-detached houses in the Maldon local authority area.
• The January 2013 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE FOLLY has not materially changed since January 2013.

How Large is 3 THE FOLLY?

3 THE FOLLY is 91m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% of semi-detached houses houses in Tolleshunt Knights, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Tolleshunt Knights, and where 3 THE FOLLY lies on this distribution: 12% of semi-detached houses houses are smaller than 3 THE FOLLY, and 88% of houses are larger. Note that EPC data is not available for all properties in Tolleshunt Knights.

3 THE FOLLY: Plot and Title Map

3 THE FOLLY sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 3 THE FOLLY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 THE FOLLY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 THE FOLLY?

3 THE FOLLY is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 3 on THE FOLLY.