7, GREEN LANE, TIPTREE, COLCHESTER, CO5 0DA - £480,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 GREEN LANE is a midsized extended detached house of 114m², built sometime between 1950 and 1966, which could now be worth an estimated £560,511. It was last sold for £480,000 in February 2020, which was around 12% above the average February 2020 detached price in the Colchester local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

7 GREEN LANE Sold Prices

Land registry data shows two sales for 7 GREEN LANE 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. One of the two 7 GREEN LANE sales was for above the average price, whilst the other was for below 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 25 FEB	£480,000	£430,101	12% above HPI
2018 9 FEB	£345,000	£436,225	21% below HPI

7 GREEN LANE 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 7 GREEN LANE sales from February 2018 and February 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 February 2018 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2020 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 7 GREEN LANE be worth now?

7 GREEN LANE might now be worth an estimated £560,511.

This is based on house price inflation of 16.8%, between February 2020 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 16.8% inflationary increase is applied to the most recent sale price for 7 GREEN LANE of £480,000 on 25th February 2020. For the value to have increased from £480,000 to £560,511 over the five years to February 2025, the following assumptions must hold true:

• The value of 7 GREEN LANE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The February 2020 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GREEN LANE has not materially changed since February 2020.

How Large is 7 GREEN LANE?

7 GREEN LANE is 114m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 50% 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 7 GREEN LANE lies on this distribution: 55% of detached houses houses are smaller than 7 GREEN LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

7 GREEN LANE: Plot and Title Map

7 GREEN LANE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 7 GREEN LANE, 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 7 GREEN LANE). 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 7 GREEN LANE?

7 GREEN LANE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 7 on GREEN LANE.