2, SPINNEYFIELDS, BARBROOK LANE, TIPTREE, COLCHESTER, CO5 0EE - £380,000

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 SPINNEYFIELDS is a very small detached house of 54m², built sometime between 1976 and 1982, which could now be worth an estimated £392,163. It was last sold for £380,000 in May 2024, which was around 22% below the average May 2024 detached price in the Colchester local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

2 SPINNEYFIELDS Sold Prices

Land registry data shows two sales for 2 SPINNEYFIELDS 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 2 SPINNEYFIELDS 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
2024 7 MAY	£380,000	£488,298	22% below HPI
2008 25 JAN	£280,000	£310,980	10% below HPI

2 SPINNEYFIELDS 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 2 SPINNEYFIELDS sales from January 2008 and May 2024 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 January 2008 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2024 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 2 SPINNEYFIELDS be worth now?

2 SPINNEYFIELDS might now be worth an estimated £392,163.

This is based on house price inflation of 3.2%, between May 2024 and April 2026, 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 3.2% inflationary increase is applied to the most recent sale price for 2 SPINNEYFIELDS of £380,000 on 7th May 2024. For the value to have increased from £380,000 to £392,163 over the two years and one month to April 2026, the following assumptions must hold true:

• The value of 2 SPINNEYFIELDS has moved in line with the HPI for detached houses in the Colchester local authority area.
• The May 2024 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPINNEYFIELDS has not materially changed since May 2024.

How Large is 2 SPINNEYFIELDS?

2 SPINNEYFIELDS is 54m² according to the EPC inspection conducted in January 2023. 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 2 SPINNEYFIELDS lies on this distribution: Less than 1% of detached houses houses are smaller than 2 SPINNEYFIELDS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

2 SPINNEYFIELDS: Plot and Title Map

2 SPINNEYFIELDS sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 2 SPINNEYFIELDS, 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 SPINNEYFIELDS). 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 SPINNEYFIELDS?

2 SPINNEYFIELDS is located on BARBROOK LANE in TIPTREE, in the CO5 postcode district. The below map shows the position of 2 SPINNEYFIELDS on BARBROOK LANE.