39, GREEN LANE, TIPTREE, COLCHESTER, CO5 0EA - £320,000

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

39 GREEN LANE is a very small detached house of 56m², built sometime between 1991 and 1995. It was last sold for £320,000 in October 2016, which was around 22% below the average October 2016 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 B.

39 GREEN LANE Sold Prices

Land registry data shows two sales for 39 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 39 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 31 OCT	£320,000	£410,677	22% below HPI
2007 30 AUG	£189,995	£307,629	38% below HPI

39 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 39 GREEN LANE sales from August 2007 and October 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 August 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2016 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 39 GREEN LANE?

39 GREEN LANE is 56m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 39 GREEN LANE lies on this distribution: 1% of detached houses are smaller than 39 GREEN LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

39 GREEN LANE: Plot and Title Map

39 GREEN LANE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 39 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 39 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 39 GREEN LANE?

39 GREEN LANE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 39 on GREEN LANE.