2, SHELLEY AVENUE, TIPTREE, COLCHESTER, CO5 0SF - £320,000

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 SHELLEY AVENUE is a very large extended detached house of 156m², built sometime between 1996 and 2002. It was last sold for £320,000 in February 2014, which was around 4% above the average February 2014 detached price in the Colchester local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

2 SHELLEY AVENUE Sold Prices

Land registry data shows three sales for 2 SHELLEY AVENUE 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 2 SHELLEY AVENUE 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 28 FEB	£320,000	£306,630	4% above HPI
2010 21 JUL	£350,000	£281,998	24% above HPI
2002 12 SEP	£250,000	£215,184	16% above HPI

2 SHELLEY AVENUE 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 2 SHELLEY AVENUE sales between September 2002 and February 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 July 2010 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the February 2014 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 2 SHELLEY AVENUE?

2 SHELLEY AVENUE is 156m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the largest 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 2 SHELLEY AVENUE lies on this distribution: 84% of detached houses are smaller than 2 SHELLEY AVENUE, and 16% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

2 SHELLEY AVENUE: Plot and Title Map

2 SHELLEY AVENUE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 2 SHELLEY AVENUE, 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 SHELLEY AVENUE). 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 SHELLEY AVENUE?

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