NORETTE, WEST END ROAD, TIPTREE, COLCHESTER, CO5 0QN - £460,000

NORETTE is a small extended detached house of 135m², built sometime between 1900 and 1929. It was last sold for £460,000 in October 2018, which was around 5% above the average October 2018 detached price in the Colchester local authority area. The most recent EPC inspection was December 2013, where the current energy rating was E, and the potential energy rating was C.

NORETTE Sold Prices

Land registry data shows two sales for NORETTE 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. One of the two NORETTE sales was for above the average price, whilst the other was 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
2018 19 OCT	£460,000	£439,997	5% above HPI
2008 26 SEP	£265,000	£272,212	3% below HPI

NORETTE 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 NORETTE sales from September 2008 and October 2018 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 September 2008 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2018 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is NORETTE?

NORETTE is 135m², which includes two extensions, according to the EPC inspection conducted in December 2013. This puts it in the smallest 30% of detached houses in Tiptree Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree Heath, and where NORETTE lies on this distribution: 21% of detached houses are smaller than NORETTE, and 79% of houses are larger. Note that EPC data is not available for all properties in Tiptree Heath.

NORETTE: Plot and Title Map

NORETTE sits on a plot of roughly 0.790 of an acre, or 3,198m². The below map shows the location of NORETTE, 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 NORETTE). 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 NORETTE?

NORETTE is located on WEST END ROAD in TIPTREE, in the CO5 postcode district. The below map shows the position of NORETTE on WEST END ROAD.