2, PRIMROSE LANE, TIPTREE, COLCHESTER, CO5 0LB - £520,000

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.

2 PRIMROSE LANE is a very large detached house of 191m², built sometime between 1996 and 2002, which could now be worth an estimated £595,986. It was last sold for £520,000 in November 2018, which was around 19% above the average November 2018 detached price in the Colchester local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

2 PRIMROSE LANE Sold Prices

Land registry data shows three sales for 2 PRIMROSE LANE 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. Two of the three 2 PRIMROSE LANE 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
2018 30 NOV	£520,000	£438,208	19% above HPI
2015 26 MAR	£390,000	£338,913	15% above HPI
2000 7 SEP	£135,000	£149,483	10% below HPI

2 PRIMROSE LANE 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 2 PRIMROSE LANE sales between September 2000 and November 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 2015 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2018 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 2 PRIMROSE LANE be worth now?

2 PRIMROSE LANE might now be worth an estimated £595,986.

This is based on house price inflation of 14.6%, between November 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 14.6% inflationary increase is applied to the most recent sale price for 2 PRIMROSE LANE of £520,000 on 30th November 2018. For the value to have increased from £520,000 to £595,986 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 PRIMROSE LANE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The November 2018 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PRIMROSE LANE has not materially changed since November 2018.

How Large is 2 PRIMROSE LANE?

2 PRIMROSE LANE is 191m² according to the EPC inspection conducted in October 2014. This puts it in the largest 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 2 PRIMROSE LANE lies on this distribution: 93% of detached houses houses are smaller than 2 PRIMROSE LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

2 PRIMROSE LANE: Plot and Title Map

2 PRIMROSE LANE sits on a plot of roughly 0.244 of an acre, or 988m². The below map shows the location of 2 PRIMROSE LANE, 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 2 PRIMROSE LANE). 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 2 PRIMROSE LANE?

2 PRIMROSE LANE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 2 on PRIMROSE LANE.