4, SHELLEY AVENUE, TIPTREE, COLCHESTER, CO5 0SF - £550,000

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

4 SHELLEY AVENUE is a midsized detached house of 120m², built sometime between 1996 and 2002. It was last sold for £550,000 in August 2022, which was around 8% above the average August 2022 detached price in the Colchester local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

4 SHELLEY AVENUE Sold Prices

Land registry data shows two sales for 4 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. Both of the two 4 SHELLEY AVENUE sales were for above 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
2022 19 AUG	£550,000	£511,451	8% above HPI
2001 30 MAR	£177,995	£151,192	18% above HPI

4 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 4 SHELLEY AVENUE sales from March 2001 and August 2022 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 March 2001 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2022 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 4 SHELLEY AVENUE?

4 SHELLEY AVENUE is 120m² according to the EPC inspection conducted in November 2021. This puts it in the largest 40% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 4 SHELLEY AVENUE lies on this distribution: 60% of detached houses are smaller than 4 SHELLEY AVENUE, and 39% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

4 SHELLEY AVENUE: Plot and Title Map

4 SHELLEY AVENUE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 4 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 4 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 4 SHELLEY AVENUE?

4 SHELLEY AVENUE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 4 on SHELLEY AVENUE.