THE WINDMILL, MILLWRIGHTS, TIPTREE, COLCHESTER, CO5 0LQ - £490,000

THE WINDMILL is a very large extended detached house of 216m², built sometime before 1900. It was last sold for £490,000 in November 2014, which was around 46% above the average November 2014 detached price in the Colchester local authority area. The most recent EPC inspection was November 2009, where the current energy rating was E, and the potential energy rating was E.

THE WINDMILL Sold Prices

Land registry data shows two sales for THE WINDMILL 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 THE WINDMILL 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
2014 21 NOV	£490,000	£334,632	46% above HPI
2011 16 MAR	£345,000	£283,536	22% above HPI

THE WINDMILL 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 THE WINDMILL sales from March 2011 and November 2014 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 2011 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2014 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is THE WINDMILL?

THE WINDMILL is 216m², which includes one extension, according to the EPC inspection conducted in November 2009. This puts it in the largest 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 WINDMILL lies on this distribution: 96% of detached houses are smaller than THE WINDMILL, and 4% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

THE WINDMILL: Plot and Title Map

THE WINDMILL sits on a plot of roughly 0.307 of an acre, or 1,243m². The below map shows the location of THE WINDMILL, 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 WINDMILL). 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 WINDMILL?

THE WINDMILL is located on MILLWRIGHTS in TIPTREE, in the CO5 postcode district. The below map shows the position of THE WINDMILL on MILLWRIGHTS.