WALNUT COTTAGE, WEST END ROAD, TIPTREE, COLCHESTER, CO5 0QN - £407,500

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.

WALNUT COTTAGE is a very small detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £473,464. It was last sold for £407,500 in March 2018, which was around 6% below the average March 2018 detached price in the Colchester local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was D.

WALNUT COTTAGE Sold Prices

Land registry data shows two sales for WALNUT COTTAGE 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 WALNUT COTTAGE 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
2018 16 MAR	£407,500	£432,269	6% below HPI
2001 29 MAR	£130,000	£151,608	14% below HPI

WALNUT COTTAGE 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 WALNUT COTTAGE sales from March 2001 and March 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 March 2001 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2018 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might WALNUT COTTAGE be worth now?

WALNUT COTTAGE might now be worth an estimated £473,464.

This is based on house price inflation of 16.2%, between March 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 16.2% inflationary increase is applied to the most recent sale price for WALNUT COTTAGE of £407,500 on 16th March 2018. For the value to have increased from £407,500 to £473,464 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of WALNUT COTTAGE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The March 2018 sale price of £407,500 represented a fair market value for the property.
• The size, condition, and specification of WALNUT COTTAGE has not materially changed since March 2018.

How Large is WALNUT COTTAGE?

WALNUT COTTAGE is 94m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% 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 WALNUT COTTAGE lies on this distribution: 10% of detached houses houses are smaller than WALNUT COTTAGE, and 90% of houses are larger. Note that EPC data is not available for all properties in Tiptree Heath.

WALNUT COTTAGE: Plot and Title Map

WALNUT COTTAGE sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of WALNUT COTTAGE, 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 WALNUT COTTAGE). 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 WALNUT COTTAGE?

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