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
2A WALNUT TREE WAY is a small detached house of 92m². It was last sold for £225,000 in August 2014, which was around 31% below the average August 2014 detached price in the Colchester local authority area. The most recent EPC inspection was February 2010, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 2A WALNUT TREE WAY since 1st 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 2A WALNUT TREE WAY 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 |
---|---|---|---|
2014 29 AUG | £225,000 | £323,948 | 31% below HPI |
2012 25 APR | £192,500 | £281,519 | 32% below HPI |
2009 16 OCT | £180,000 | £266,955 | 33% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 2A WALNUT TREE WAY sales between October 2009 and August 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 April 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2014 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
2A WALNUT TREE WAY is 92m² according to the EPC inspection conducted in February 2010. 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 2A WALNUT TREE WAY lies on this distribution: 29% of detached houses are smaller than 2A WALNUT TREE WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Tiptree.
2A WALNUT TREE WAY sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 2A WALNUT TREE 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 2A WALNUT TREE 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.
2A WALNUT TREE WAY is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 2A on WALNUT TREE WAY.