GREYTILES, MAIN ROAD, WORMINGFORD, COLCHESTER, CO6 3AX - £559,000

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

GREYTILES is a midsized extended detached house of 166m², built sometime between 1976 and 1982. It was last sold for £559,000 in August 2018, which was around 28% above the average August 2018 detached price in the Colchester local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was C.

GREYTILES Sold Prices

Land registry data shows two sales for GREYTILES 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 GREYTILES 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
2018 30 AUG	£559,000	£436,122	28% above HPI
2011 24 OCT	£250,000	£283,864	12% below HPI

GREYTILES 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 GREYTILES sales from October 2011 and August 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 October 2011 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2018 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is GREYTILES?

GREYTILES is 166m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 50% of detached houses in Wormingford, based on EPC data. The below chart shows the distribution of detached houses by size in Wormingford, and where GREYTILES lies on this distribution: 52% of detached houses are smaller than GREYTILES, and 48% of houses are larger. Note that EPC data is not available for all properties in Wormingford.

GREYTILES: Plot and Title Map

GREYTILES sits on a plot of roughly 0.214 of an acre, or 864m². The below map shows the location of GREYTILES, 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 GREYTILES). 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 GREYTILES?

GREYTILES is located on MAIN ROAD in WORMINGFORD, in the CO6 postcode district. The below map shows the position of GREYTILES on MAIN ROAD.