55, MORLEY ROAD, TIPTREE, COLCHESTER, CO5 0AA - £500,000

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.

55 MORLEY ROAD is a small semi-detached house of 100m², built sometime between 1996 and 2002, which could now be worth an estimated £487,956. It was last sold for £500,000 in February 2023, which was around 47% above the average February 2023 semi-detached price in the Colchester local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

55 MORLEY ROAD Sold Prices

Land registry data shows two sales for 55 MORLEY ROAD 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 Colchester local authority area for the corresponding sale date. Both of the two 55 MORLEY ROAD 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
2023 3 FEB	£500,000	£339,759	47% above HPI
2008 7 MAR	£265,000	£200,309	32% above HPI

55 MORLEY ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The two 55 MORLEY ROAD sales from March 2008 and February 2023 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 2008 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the February 2023 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 55 MORLEY ROAD be worth now?

55 MORLEY ROAD might now be worth an estimated £487,956.

This is based on house price deflation of 2.4%, between February 2023 and April 2026, for semi-detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.4% deflationary decrease is applied to the most recent sale price for 55 MORLEY ROAD of £500,000 on 3rd February 2023. For the value to have decreased from £500,000 to £487,956 over the two years and ten months to April 2026, the following assumptions must hold true:

• The value of 55 MORLEY ROAD has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The February 2023 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 55 MORLEY ROAD has not materially changed since February 2023.

How Large is 55 MORLEY ROAD?

55 MORLEY ROAD is 100m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 40% of semi-detached houses houses in Tiptree, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Tiptree, and where 55 MORLEY ROAD lies on this distribution: 37% of semi-detached houses houses are smaller than 55 MORLEY ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

55 MORLEY ROAD: Plot and Title Map

55 MORLEY ROAD sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 55 MORLEY ROAD, 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 55 MORLEY ROAD). 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 55 MORLEY ROAD?

55 MORLEY ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 55 on MORLEY ROAD.