2, STRAWBERRY LANE, TIPTREE, COLCHESTER, CO5 0RX - £330,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 STRAWBERRY LANE is a small detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £444,317. It was last sold for £330,000 in March 2016, which was around 20% below the average March 2016 detached price in the Maldon local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

2 STRAWBERRY LANE Sold Prices

Land registry data shows three sales for 2 STRAWBERRY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the three 2 STRAWBERRY 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 18 MAR	£330,000	£410,644	20% below HPI
2003 31 JAN	£205,000	£249,048	18% below HPI
1997 22 JAN	£87,500	£96,808	10% below HPI

2 STRAWBERRY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maldon local authority area over time, sourced from the HPI. The three 2 STRAWBERRY LANE sales between January 1997 and March 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 January 2003 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2016 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 STRAWBERRY LANE be worth now?

2 STRAWBERRY LANE might now be worth an estimated £444,317.

This is based on house price inflation of 34.6%, between March 2016 and February 2025, for detached houses, in the Maldon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.6% inflationary increase is applied to the most recent sale price for 2 STRAWBERRY LANE of £330,000 on 18th March 2016. For the value to have increased from £330,000 to £444,317 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 2 STRAWBERRY LANE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The March 2016 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 2 STRAWBERRY LANE has not materially changed since March 2016.

How Large is 2 STRAWBERRY LANE?

2 STRAWBERRY LANE is 120m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% of detached houses houses in Tolleshunt Knights, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tolleshunt Knights, and where 2 STRAWBERRY LANE lies on this distribution: 36% of detached houses houses are smaller than 2 STRAWBERRY LANE, and 63% of houses are larger. Note that EPC data is not available for all properties in Tolleshunt Knights.

2 STRAWBERRY LANE: Plot and Title Map

2 STRAWBERRY LANE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 2 STRAWBERRY 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 2 STRAWBERRY 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 2 STRAWBERRY LANE?

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