MAY TREE COTTAGE, KELVEDON ROAD, TIPTREE, COLCHESTER, CO5 0LJ - £265,000

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

MAY TREE COTTAGE is a small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £265,000 in May 2014, which was around 16% below the average May 2014 detached price in the Colchester local authority area. The most recent EPC inspection was November 2014, where the current energy rating was A, and the potential energy rating was A.

MAY TREE COTTAGE Sold Prices

Land registry data shows three sales for MAY TREE COTTAGE 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. All of the three MAY TREE 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
2014 22 MAY	£265,000	£314,158	16% below HPI
2006 3 MAR	£245,000	£277,662	12% below HPI
2002 23 AUG	£162,000	£205,075	21% below HPI

MAY TREE 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 three MAY TREE COTTAGE sales between August 2002 and May 2014 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 March 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2014 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is MAY TREE COTTAGE?

MAY TREE COTTAGE is 84m² according to the EPC inspection conducted in November 2014. 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 MAY TREE COTTAGE lies on this distribution: 22% of detached houses are smaller than MAY TREE COTTAGE, and 77% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

MAY TREE COTTAGE: Plot and Title Map

MAY TREE COTTAGE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of MAY TREE 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 MAY TREE 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 MAY TREE COTTAGE?

MAY TREE COTTAGE is located on KELVEDON ROAD in TIPTREE, in the CO5 postcode district. The below map shows the position of MAY TREE COTTAGE on KELVEDON ROAD.