NORETTE, WEST END ROAD, TIPTREE, COLCHESTER, CO5 0QN - £460,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

NORETTE is a small extended detached house of 135m², built sometime between 1900 and 1929, which could now be worth an estimated £523,636. It was last sold for £460,000 in October 2018, which was around 4% above the average October 2018 detached price in the Colchester local authority area. The most recent EPC inspection was December 2013, where the current energy rating was E, and the potential energy rating was C.

NORETTE Sold Prices

Land registry data shows two sales for NORETTE 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 NORETTE 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 19 OCT	£460,000	£441,206	4% above HPI
2008 26 SEP	£265,000	£272,960	3% below HPI

NORETTE 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 NORETTE sales from September 2008 and October 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 September 2008 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2018 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might NORETTE be worth now?

NORETTE might now be worth an estimated £523,636.

This is based on house price inflation of 13.8%, between October 2018 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 13.8% inflationary increase is applied to the most recent sale price for NORETTE of £460,000 on 19th October 2018. For the value to have increased from £460,000 to £523,636 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of NORETTE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The October 2018 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of NORETTE has not materially changed since October 2018.

How Large is NORETTE?

NORETTE is 135m², which includes two extensions, according to the EPC inspection conducted in December 2013. This puts it in the smallest 30% of detached houses houses in Tiptree Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tiptree Heath, and where NORETTE lies on this distribution: 22% of detached houses houses are smaller than NORETTE, and 78% of houses are larger. Note that EPC data is not available for all properties in Tiptree Heath.

NORETTE: Plot and Title Map

NORETTE sits on a plot of roughly 0.790 of an acre, or 3,198m². The below map shows the location of NORETTE, 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 NORETTE). 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 NORETTE?

NORETTE is located on WEST END ROAD in TIPTREE, in the CO5 postcode district. The below map shows the position of NORETTE on WEST END ROAD.