31, CAXTON CLOSE, TIPTREE, COLCHESTER, CO5 0HA - £300,000

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.

31 CAXTON CLOSE is a very small terraced house of 76m², built sometime between 1996 and 2002, which could now be worth an estimated £302,345. It was last sold for £300,000 in June 2022, which was around 14% above the average June 2022 terraced price in the Colchester local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

31 CAXTON CLOSE Sold Prices

Land registry data shows two sales for 31 CAXTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Colchester local authority area for the corresponding sale date. Both of the two 31 CAXTON CLOSE 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
2022 22 JUN	£300,000	£263,927	14% above HPI
2001 14 DEC	£106,995	£81,409	31% above HPI

31 CAXTON CLOSE 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 two 31 CAXTON CLOSE sales from December 2001 and June 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 December 2001 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the June 2022 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 31 CAXTON CLOSE be worth now?

31 CAXTON CLOSE might now be worth an estimated £302,345.

This is based on house price inflation of 0.8%, between June 2022 and April 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 0.8% inflationary increase is applied to the most recent sale price for 31 CAXTON CLOSE of £300,000 on 22nd June 2022. For the value to have increased from £300,000 to £302,345 over the four years and two months to April 2026, the following assumptions must hold true:

• The value of 31 CAXTON CLOSE has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The June 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 31 CAXTON CLOSE has not materially changed since June 2022.

How Large is 31 CAXTON CLOSE?

31 CAXTON CLOSE is 76m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% 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 31 CAXTON CLOSE lies on this distribution: 12% of terraced houses houses are smaller than 31 CAXTON CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

31 CAXTON CLOSE: Plot and Title Map

31 CAXTON CLOSE sits on a plot of roughly 0.035 of an acre, or 141m². The below map shows the location of 31 CAXTON CLOSE, 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 31 CAXTON CLOSE). 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 31 CAXTON CLOSE?

31 CAXTON CLOSE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 31 on CAXTON CLOSE.