22, GREEN LANE, TIPTREE, COLCHESTER, CO5 0DA - £295,000

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

22 GREEN LANE is a small extended detached house of 87m², built sometime between 1967 and 1975. It was last sold for £295,000 in February 2015, which was around 12% below the average February 2015 detached price in the Colchester local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

22 GREEN LANE Sold Prices

Land registry data shows three sales for 22 GREEN 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 Colchester local authority area for the corresponding sale date. All of the three 22 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
2015 26 FEB	£295,000	£334,760	12% below HPI
2007 29 JUN	£285,000	£298,941	5% below HPI
2002 17 MAY	£134,000	£187,592	29% below HPI

22 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 three 22 GREEN LANE sales between May 2002 and February 2015 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 June 2007 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2015 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 22 GREEN LANE?

22 GREEN LANE is 87m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 30% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 22 GREEN LANE lies on this distribution: 25% of detached houses are smaller than 22 GREEN LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

22 GREEN LANE: Plot and Title Map

22 GREEN LANE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 22 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 22 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 22 GREEN LANE?

22 GREEN LANE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 22 on GREEN LANE.