5, WADLEY CLOSE, TIPTREE, COLCHESTER, CO5 0SL - £370,750

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

5 WADLEY CLOSE is a midsized extended semi-detached house of 112m², built sometime between 1996 and 2002. It was last sold for £370,750 in September 2020, which was around 15% below the average September 2020 detached price in the Colchester local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

5 WADLEY CLOSE Sold Prices

Land registry data shows three sales for 5 WADLEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. The three 5 WADLEY CLOSE sales were a mix of below the average price, and roughly equal to 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
2020 15 SEP	£370,750	£434,672	15% below HPI
2003 8 SEP	£237,995	£237,303	Close to HPI
2002 5 JUL	£58,750	£200,250	71% below HPI

5 WADLEY CLOSE 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 three 5 WADLEY CLOSE sales between July 2002 and September 2020 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 September 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 5 WADLEY CLOSE?

5 WADLEY CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the largest 50% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 5 WADLEY CLOSE lies on this distribution: 52% of detached houses are smaller than 5 WADLEY CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

5 WADLEY CLOSE: Plot and Title Map

5 WADLEY CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 5 WADLEY CLOSE, 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 5 WADLEY CLOSE). 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 5 WADLEY CLOSE?

5 WADLEY CLOSE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 5 on WADLEY CLOSE.