LAURELS, HALL ROAD, TIPTREE, COLCHESTER, CO5 0BJ - £285,000

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

LAURELS is a small extended detached house of 92m², built sometime between 1900 and 1929. It was last sold for £285,000 in December 2013, which was around 6% below the average December 2013 detached price in the Colchester local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

LAURELS Sold Prices

Land registry data shows three sales for LAURELS 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. Two of the three LAURELS sales were for below the average price, whilst one was 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
2013 18 DEC	£285,000	£302,483	6% below HPI
2002 25 OCT	£205,000	£218,214	6% below HPI
1999 19 MAR	£116,000	£113,900	2% above HPI

LAURELS 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 LAURELS sales between March 1999 and December 2013 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 2002 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2013 sale, which was also at 6% below the HPI.

How Large is LAURELS?

LAURELS is 92m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where LAURELS lies on this distribution: 30% of detached houses are smaller than LAURELS, and 70% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

LAURELS: Plot and Title Map

LAURELS sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of LAURELS, 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 LAURELS). 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 LAURELS?

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