PANDELI, HALL ROAD, TIPTREE, COLCHESTER, CO5 0BJ - £322,000

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.

PANDELI is a midsized detached house of 106m², built sometime between 1983 and 1990, which could now be worth an estimated £444,861. It was last sold for £322,000 in September 2015, which was around 11% below the average September 2015 detached price in the Colchester local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

PANDELI Sold Prices

Land registry data shows two sales for PANDELI 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 PANDELI 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
2015 2 SEP	£322,000	£363,534	11% below HPI
2002 31 JUL	£185,000	£200,800	8% below HPI

PANDELI 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 PANDELI sales from July 2002 and September 2015 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 July 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2015 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might PANDELI be worth now?

PANDELI might now be worth an estimated £444,861.

This is based on house price inflation of 38.2%, between September 2015 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 38.2% inflationary increase is applied to the most recent sale price for PANDELI of £322,000 on 2nd September 2015. For the value to have increased from £322,000 to £444,861 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of PANDELI has moved in line with the HPI for detached houses in the Colchester local authority area.
• The September 2015 sale price of £322,000 represented a fair market value for the property.
• The size, condition, and specification of PANDELI has not materially changed since September 2015.

How Large is PANDELI?

PANDELI is 106m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% of detached houses houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tiptree, and where PANDELI lies on this distribution: 43% of detached houses houses are smaller than PANDELI, and 56% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

PANDELI: Plot and Title Map

PANDELI sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of PANDELI, 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 PANDELI). 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 PANDELI?

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