CEDAR COTTAGE, HALL ROAD, TIPTREE, COLCHESTER, CO5 0BJ - £287,500

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

CEDAR COTTAGE is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £287,500 in March 2016, which was around 23% below the average March 2016 detached price in the Colchester local authority area. The most recent EPC inspection was August 2015, where the current energy rating was F, and the potential energy rating was B.

CEDAR COTTAGE Sold Prices

Land registry data shows two sales for CEDAR COTTAGE 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 CEDAR COTTAGE sales were 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
2016 18 MAR	£287,500	£373,797	23% below HPI
2005 26 AUG	£235,000	£268,904	13% below HPI

CEDAR COTTAGE 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 CEDAR COTTAGE sales from August 2005 and March 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 August 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is CEDAR COTTAGE?

CEDAR COTTAGE is 78m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where CEDAR COTTAGE lies on this distribution: 14% of detached houses are smaller than CEDAR COTTAGE, and 85% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

CEDAR COTTAGE: Plot and Title Map

CEDAR COTTAGE sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of CEDAR COTTAGE, 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 CEDAR COTTAGE). 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 CEDAR COTTAGE?

CEDAR COTTAGE is located on HALL ROAD in TIPTREE, in the CO5 postcode district. The below map shows the position of CEDAR COTTAGE on HALL ROAD.