THE JAYS, PENNSYLVANIA LANE, TIPTREE, COLCHESTER, CO5 0TU - £330,000

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 JAYS is a very large extended detached house of 229m², built sometime between 1950 and 1966. It was last sold for £330,000 in May 2013, which was around 14% above the average May 2013 detached price in the Colchester local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.

THE JAYS Sold Prices

Land registry data shows two sales for THE JAYS 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 JAYS sales were for above 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
2013 29 MAY	£330,000	£290,038	14% above HPI
2010 15 OCT	£332,500	£289,614	15% above HPI

THE JAYS 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 JAYS sales from October 2010 and May 2013 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 October 2010 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the May 2013 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is THE JAYS?

THE JAYS is 229m², which includes two extensions, according to the EPC inspection conducted in March 2009. This puts it in the largest 10% 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 JAYS lies on this distribution: 97% of detached houses are smaller than THE JAYS, and 3% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

THE JAYS: Plot and Title Map

THE JAYS sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of THE JAYS, 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 JAYS). 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 JAYS?

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