15, MORLEY ROAD, TIPTREE, COLCHESTER, CO5 0AA - £375,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 MORLEY ROAD is a small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £375,000 in July 2018, which was around 13% below the average July 2018 detached price in the Colchester local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was B.

15 MORLEY ROAD Sold Prices

Land registry data shows two sales for 15 MORLEY ROAD 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 15 MORLEY ROAD 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
2018 19 JUL	£375,000	£433,026	13% below HPI
2004 26 FEB	£215,000	£247,816	13% below HPI

15 MORLEY ROAD 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 15 MORLEY ROAD sales from February 2004 and July 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 February 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2018 sale, which was also at 13% below the HPI.

How Large is 15 MORLEY ROAD?

15 MORLEY ROAD is 84m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 15 MORLEY ROAD lies on this distribution: 22% of detached houses are smaller than 15 MORLEY ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

15 MORLEY ROAD: Plot and Title Map

15 MORLEY ROAD sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 15 MORLEY ROAD, 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 15 MORLEY ROAD). 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 15 MORLEY ROAD?

15 MORLEY ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 15 on MORLEY ROAD.