12, SAGE WALK, TIPTREE, COLCHESTER, CO5 0AR - £287,500

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.

12 SAGE WALK is a very small extended terraced house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £283,000. It was last sold for £287,500 in September 2022, which was around 7% above the average September 2022 terraced price in the Colchester local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

12 SAGE WALK Sold Prices

Land registry data shows three sales for 12 SAGE WALK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Colchester local authority area for the corresponding sale date. Two of the three 12 SAGE WALK sales were for above the average price, whilst one was 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
2022 16 SEP	£287,500	£269,797	7% above HPI
2008 1 AUG	£166,000	£149,048	11% above HPI
2006 25 AUG	£150,000	£151,810	1% below HPI

12 SAGE WALK Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Colchester local authority area over time, sourced from the HPI. The three 12 SAGE WALK sales between August 2006 and September 2022 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 2008 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2022 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 12 SAGE WALK be worth now?

12 SAGE WALK might now be worth an estimated £283,000.

This is based on house price deflation of 1.6%, between September 2022 and May 2026, for terraced 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 1.6% deflationary decrease is applied to the most recent sale price for 12 SAGE WALK of £287,500 on 16th September 2022. For the value to have decreased from £287,500 to £283,000 over the four years and four months to May 2026, the following assumptions must hold true:

• The value of 12 SAGE WALK has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The September 2022 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 12 SAGE WALK has not materially changed since September 2022.

How Large is 12 SAGE WALK?

12 SAGE WALK is 64m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of terraced houses houses in Tiptree, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Tiptree, and where 12 SAGE WALK lies on this distribution: 3% of terraced houses houses are smaller than 12 SAGE WALK, and 97% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

12 SAGE WALK: Plot and Title Map

12 SAGE WALK sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 12 SAGE WALK, 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 12 SAGE WALK). 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 12 SAGE WALK?

12 SAGE WALK is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 12 on SAGE WALK.