THE HOUSE, ROOKERY LANE, TIPTREE, COLCHESTER, CO5 0NB - £250,000

THE HOUSE is a very small detached house of 54m², built sometime between 1967 and 1975. It was last sold for £250,000 in October 2011, which was around 12% below the average October 2011 detached price in the Colchester local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

THE HOUSE Sold Prices

Land registry data shows three sales for THE HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three THE HOUSE 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 27 OCT	£250,000	£283,864	12% below HPI
2007 19 NOV	£260,000	£303,680	14% below HPI
2003 17 OCT	£210,000	£235,767	11% below HPI

THE HOUSE 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 three THE HOUSE sales between October 2003 and October 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 November 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2011 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is THE HOUSE?

THE HOUSE is 54m² according to the EPC inspection conducted in February 2011. 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 THE HOUSE lies on this distribution: Less than 1% of detached houses are smaller than THE HOUSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

THE HOUSE: Plot and Title Map

THE HOUSE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of THE HOUSE, 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 THE HOUSE). 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 THE HOUSE?

THE HOUSE is located on ROOKERY LANE in TIPTREE, in the CO5 postcode district. The below map shows the position of THE HOUSE on ROOKERY LANE.