GREEN VIEW, KELVEDON ROAD, TIPTREE, COLCHESTER, CO5 0LJ - £257,000

GREEN VIEW is a very small extended detached house of 65m², built sometime between 1976 and 1982. It was last sold for £257,000 in August 2017, which was around 40% below the average August 2017 detached price in the Colchester local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

GREEN VIEW Sold Prices

Land registry data shows two sales for GREEN VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two GREEN VIEW 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
2017 21 AUG	£257,000	£428,227	40% below HPI
2002 15 APR	£115,000	£183,296	37% below HPI

GREEN VIEW 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 two GREEN VIEW sales from April 2002 and August 2017 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 2002 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2017 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is GREEN VIEW?

GREEN VIEW is 65m², which includes one extension, according to the EPC inspection conducted in February 2020. 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 GREEN VIEW lies on this distribution: 3% of detached houses are smaller than GREEN VIEW, and 96% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

GREEN VIEW: Plot and Title Map

GREEN VIEW sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of GREEN VIEW, 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 GREEN VIEW). 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 GREEN VIEW?

GREEN VIEW is located on KELVEDON ROAD in TIPTREE, in the CO5 postcode district. The below map shows the position of GREEN VIEW on KELVEDON ROAD.