38, SHELLEY AVENUE, TIPTREE, COLCHESTER, CO5 0SF - £280,000

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

38 SHELLEY AVENUE is a very large extended detached house of 156m², built sometime between 1996 and 2002. It was last sold for £280,000 in March 2003, which was around 23% above the average March 2003 detached price in the Colchester local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was C.

38 SHELLEY AVENUE Sold Prices

Land registry data shows two sales for 38 SHELLEY AVENUE 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. One of the two 38 SHELLEY AVENUE sales was for above the average price, whilst the other was 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
2003 18 MAR	£280,000	£227,259	23% above HPI
2002 22 APR	£50,000	£183,296	73% below HPI

38 SHELLEY AVENUE 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 38 SHELLEY AVENUE sales from April 2002 and March 2003 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 2002 sale was for 73% below the HPI. So the extrapolation line tracks at 73% below the HPI over time, until the March 2003 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 38 SHELLEY AVENUE?

38 SHELLEY AVENUE is 156m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 20% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 38 SHELLEY AVENUE lies on this distribution: 84% of detached houses are smaller than 38 SHELLEY AVENUE, and 16% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

38 SHELLEY AVENUE: Plot and Title Map

38 SHELLEY AVENUE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 38 SHELLEY AVENUE, 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 38 SHELLEY AVENUE). 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 38 SHELLEY AVENUE?

38 SHELLEY AVENUE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 38 on SHELLEY AVENUE.