2, VALLIS WAY, TIPTREE, COLCHESTER, CO5 0EY - £550,000

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

2 VALLIS WAY is a large detached house of 125m², built sometime between 1996 and 2002. It was last sold for £550,000 in October 2022, which was around 6% above the average October 2022 detached price in the Colchester local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

2 VALLIS WAY Sold Prices

Land registry data shows three sales for 2 VALLIS WAY 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 VALLIS WAY 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
2022 19 OCT	£550,000	£521,058	6% above HPI
2003 14 FEB	£238,000	£226,727	5% above HPI
2001 22 JUN	£179,250	£159,369	12% above HPI

2 VALLIS WAY 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 VALLIS WAY sales between June 2001 and October 2022 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 2003 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2022 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 2 VALLIS WAY?

2 VALLIS WAY is 125m² according to the EPC inspection conducted in February 2016. This puts it in the largest 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 VALLIS WAY lies on this distribution: 65% of detached houses are smaller than 2 VALLIS WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

2 VALLIS WAY: Plot and Title Map

2 VALLIS WAY sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 2 VALLIS WAY, 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 VALLIS WAY). 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 VALLIS WAY?

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