2, OLLEY WALK, TIPTREE, COLCHESTER, CO5 0FG - £312,000

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

2 OLLEY WALK is a small detached house of 101m², built sometime between 1996 and 2002. It was last sold for £312,000 in May 2020, which was around 27% below the average May 2020 detached price in the Colchester local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

2 OLLEY WALK Sold Prices

Land registry data shows four sales for 2 OLLEY WALK 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 2 OLLEY WALK 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
2020 18 MAY	£312,000	£427,758	27% below HPI
2016 25 OCT	£286,000	£410,677	30% below HPI
2007 5 JUL	£218,000	£303,833	28% below HPI
2001 29 JUN	£110,000	£159,369	31% below HPI

2 OLLEY WALK 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 2 OLLEY WALK sales between June 2001 and May 2020 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 October 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2020 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 OLLEY WALK?

2 OLLEY WALK is 101m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 2 OLLEY WALK lies on this distribution: 39% of detached houses are smaller than 2 OLLEY WALK, and 61% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

2 OLLEY WALK: Plot and Title Map

2 OLLEY WALK sits on a plot of roughly 0.047 of an acre, or 188m². The below map shows the location of 2 OLLEY WALK, 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 2 OLLEY WALK). 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 2 OLLEY WALK?

2 OLLEY WALK is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 2 on OLLEY WALK.