THE HAVEN, CHAPEL LANE, TIPTREE, COLCHESTER, CO5 0HR - £240,000

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

THE HAVEN is a midsized extended detached house of 103m², built sometime between 1930 and 1949. It was last sold for £240,000 in June 2004, which was around 7% below the average June 2004 detached price in the Colchester local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

THE HAVEN Sold Prices

Land registry data shows two sales for THE HAVEN 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 THE HAVEN 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
2004 22 JUN	£240,000	£256,983	7% below HPI
2002 28 AUG	£177,000	£205,075	14% below HPI

THE HAVEN 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 THE HAVEN sales from August 2002 and June 2004 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 August 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2004 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is THE HAVEN?

THE HAVEN is 103m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where THE HAVEN lies on this distribution: 41% of detached houses are smaller than THE HAVEN, and 58% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

THE HAVEN: Plot and Title Map

THE HAVEN sits on a plot of roughly 0.161 of an acre, or 651m². The below map shows the location of THE HAVEN, 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 THE HAVEN). 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 THE HAVEN?

THE HAVEN is located on CHAPEL LANE in TIPTREE, in the CO5 postcode district. The below map shows the position of THE HAVEN on CHAPEL LANE.