5, WOOD VIEW, TIPTREE, COLCHESTER, CO5 0DF - £425,000

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

5 WOOD VIEW is a midsized detached house of 118m², built sometime between 2007 and 2011. It was last sold for £425,000 in August 2016, which was around 7% above the average August 2016 detached price in the Colchester local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

5 WOOD VIEW Sold Prices

Land registry data shows two sales for 5 WOOD VIEW 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 5 WOOD VIEW 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
2016 19 AUG	£425,000	£398,471	7% above HPI
2009 1 MAY	£309,000	£230,428	34% above HPI

5 WOOD VIEW 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 5 WOOD VIEW sales from May 2009 and August 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 May 2009 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the August 2016 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 5 WOOD VIEW?

5 WOOD VIEW is 118m² according to the EPC inspection conducted in June 2022. 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 WOOD VIEW lies on this distribution: 58% of detached houses are smaller than 5 WOOD VIEW, and 41% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

5 WOOD VIEW: Plot and Title Map

5 WOOD VIEW sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 5 WOOD VIEW, 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 WOOD VIEW). 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 WOOD VIEW?

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