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

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

42 SHELLEY AVENUE is a midsized detached house of 120m², built sometime between 1996 and 2002. 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	£438,989	3% below HPI
2004 25 JUN	£249,500	£256,983	3% below HPI
2002 30 SEP	£238,000	£215,184	11% above HPI
2001 6 JUL	£185,000	£163,344	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.

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 in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 42 SHELLEY AVENUE lies on this distribution: 60% of detached houses are smaller than 42 SHELLEY AVENUE, and 39% 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.