2A, GREEN LANE, TIPTREE, COLCHESTER, CO5 0DA - £292,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2A GREEN LANE is a very small detached house of 67m², built sometime between 1996 and 2002, which could now be worth an estimated £357,521. It was last sold for £292,500 in November 2016, which was around 29% below the average November 2016 detached price in the Colchester local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

2A GREEN LANE Sold Prices

Land registry data shows two sales for 2A GREEN LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 2A 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
2016 18 NOV	£292,500	£410,901	29% below HPI
2012 29 JUN	£224,000	£285,166	21% below HPI

2A 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 two 2A GREEN LANE sales from June 2012 and November 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 June 2012 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 2A GREEN LANE be worth now?

2A GREEN LANE might now be worth an estimated £357,521.

This is based on house price inflation of 22.2%, between November 2016 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.2% inflationary increase is applied to the most recent sale price for 2A GREEN LANE of £292,500 on 18th November 2016. For the value to have increased from £292,500 to £357,521 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 2A GREEN LANE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The November 2016 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of 2A GREEN LANE has not materially changed since November 2016.

How Large is 2A GREEN LANE?

2A GREEN LANE is 67m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of detached houses houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tiptree, and where 2A GREEN LANE lies on this distribution: 5% of detached houses houses are smaller than 2A GREEN LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

2A GREEN LANE: Plot and Title Map

2A GREEN LANE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 2A 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 2A 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 2A GREEN LANE?

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