5, OLLEY WALK, TIPTREE, COLCHESTER, CO5 0FG - £293,000

5 OLLEY WALK is a large extended detached house of 134m², built sometime between 1996 and 2002. It was last sold for £293,000 in August 2011, which was around 3% above the average August 2011 detached price in the Colchester local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

5 OLLEY WALK Sold Prices

Land registry data shows four sales for 5 OLLEY WALK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Most of the four 5 OLLEY WALK sales were for below 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
2011 31 AUG	£293,000	£285,675	3% above HPI
2008 4 APR	£284,000	£299,217	5% below HPI
2008 14 JAN	£300,000	£310,128	3% below HPI
2001 30 NOV	£173,750	£176,209	1% below HPI

5 OLLEY WALK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The four 5 OLLEY WALK sales between November 2001 and August 2011 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 April 2008 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2011 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 5 OLLEY WALK?

5 OLLEY WALK is 134m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the largest 30% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 5 OLLEY WALK lies on this distribution: 72% of detached houses are smaller than 5 OLLEY WALK, and 28% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

5 OLLEY WALK: Plot and Title Map

5 OLLEY WALK sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 5 OLLEY WALK, 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 5 OLLEY WALK). 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 5 OLLEY WALK?

5 OLLEY WALK is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 5 on OLLEY WALK.