17A, GREEN LANE, TIPTREE, COLCHESTER, CO5 0DE - £272,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

17A GREEN LANE is a very small extended detached house of 80m², built sometime between 1991 and 1995. It was last sold for £272,000 in October 2016, which was around 34% below the average October 2016 detached price in the Colchester local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

17A GREEN LANE Sold Prices

Land registry data shows four sales for 17A GREEN LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 17A GREEN LANE 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
2016 28 OCT	£272,000	£410,677	34% below HPI
2014 24 SEP	£238,000	£327,175	27% below HPI
2014 29 APR	£215,000	£310,577	31% below HPI
1997 6 JUN	£69,000	£95,840	28% below HPI

17A GREEN LANE 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 four 17A GREEN LANE sales between June 1997 and October 2016 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 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 17A GREEN LANE?

17A GREEN LANE is 80m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 17A GREEN LANE lies on this distribution: 16% of detached houses are smaller than 17A GREEN LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

17A GREEN LANE: Plot and Title Map

17A GREEN LANE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 17A GREEN LANE, 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 17A GREEN LANE). 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 17A GREEN LANE?

17A GREEN LANE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 17A on GREEN LANE.