7, KETLEY CLOSE, TIPTREE, COLCHESTER, CO5 0FH - £300,000

7 KETLEY CLOSE is a very small detached house of 62m², built sometime between 1996 and 2002. It was last sold for £300,000 in September 2021, which was around 38% below the average September 2021 detached price in the Colchester local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

7 KETLEY CLOSE Sold Prices

Land registry data shows four sales for 7 KETLEY CLOSE 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. All of the four 7 KETLEY CLOSE 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
2021 28 SEP	£300,000	£484,806	38% below HPI
2015 18 DEC	£245,000	£371,789	34% below HPI
2007 17 SEP	£221,000	£306,812	28% below HPI
2002 11 APR	£104,950	£183,296	43% below HPI

7 KETLEY CLOSE 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 7 KETLEY CLOSE sales between April 2002 and September 2021 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 December 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 7 KETLEY CLOSE?

7 KETLEY CLOSE is 62m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 7 KETLEY CLOSE lies on this distribution: 2% of detached houses are smaller than 7 KETLEY CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

7 KETLEY CLOSE: Plot and Title Map

7 KETLEY CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 7 KETLEY CLOSE, 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 7 KETLEY CLOSE). 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 7 KETLEY CLOSE?

7 KETLEY CLOSE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 7 on KETLEY CLOSE.