THE HOUSE, ROOKERY LANE, TIPTREE, COLCHESTER, CO5 0NB - £250,000

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.

THE HOUSE is a very small detached house of 54m², built sometime between 1967 and 1975, which could now be worth an estimated £441,114. It was last sold for £250,000 in October 2011, which was around 12% below the average October 2011 detached price in the Colchester local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

THE HOUSE Sold Prices

Land registry data shows three sales for THE HOUSE 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 THE HOUSE 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
2011 27 OCT	£250,000	£284,644	12% below HPI
2007 19 NOV	£260,000	£304,514	15% below HPI
2003 17 OCT	£210,000	£236,414	11% below HPI

THE HOUSE 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 THE HOUSE sales between October 2003 and October 2011 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 November 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2011 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might THE HOUSE be worth now?

THE HOUSE might now be worth an estimated £441,114.

This is based on house price inflation of 76.4%, between October 2011 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 76.4% inflationary increase is applied to the most recent sale price for THE HOUSE of £250,000 on 27th October 2011. For the value to have increased from £250,000 to £441,114 over the fourteen years and eight months to February 2025, the following assumptions must hold true:

• The value of THE HOUSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The October 2011 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of THE HOUSE has not materially changed since October 2011.

How Large is THE HOUSE?

THE HOUSE is 54m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% 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 THE HOUSE lies on this distribution: Less than 1% of detached houses houses are smaller than THE HOUSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

THE HOUSE: Plot and Title Map

THE HOUSE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of THE HOUSE, 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 HOUSE). 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 HOUSE?

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