42, SHELLEY AVENUE, TIPTREE, COLCHESTER, CO5 0SF - £425,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

42 SHELLEY AVENUE is a midsized detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £484,905. It was last sold for £425,000 in December 2018, which was around 3% below the average December 2018 detached price in the Colchester local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

42 SHELLEY AVENUE Sold Prices

Land registry data shows four sales for 42 SHELLEY AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. two of the four 42 SHELLEY AVENUE sales were for below the average price, and four 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
2018 12 DEC	£425,000	£440,195	3% below HPI
2004 25 JUN	£249,500	£257,689	3% below HPI
2002 30 SEP	£238,000	£215,775	10% above HPI
2001 6 JUL	£185,000	£163,793	13% above HPI

42 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 four 42 SHELLEY AVENUE sales between July 2001 and December 2018 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 2004 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2018 sale, which was also at 3% below the HPI.

What might 42 SHELLEY AVENUE be worth now?

42 SHELLEY AVENUE might now be worth an estimated £484,905.

This is based on house price inflation of 14.1%, between December 2018 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 14.1% inflationary increase is applied to the most recent sale price for 42 SHELLEY AVENUE of £425,000 on 12th December 2018. For the value to have increased from £425,000 to £484,905 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 42 SHELLEY AVENUE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The December 2018 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 42 SHELLEY AVENUE has not materially changed since December 2018.

How Large is 42 SHELLEY AVENUE?

42 SHELLEY AVENUE is 120m² according to the EPC inspection conducted in March 2018. This puts it in the largest 40% 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 42 SHELLEY AVENUE lies on this distribution: 59% of detached houses houses are smaller than 42 SHELLEY AVENUE, and 40% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

42 SHELLEY AVENUE: Plot and Title Map

42 SHELLEY AVENUE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 42 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 42 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 42 SHELLEY AVENUE?

42 SHELLEY AVENUE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 42 on SHELLEY AVENUE.