4, PRIMROSE LANE, TIPTREE, COLCHESTER, CO5 0LB - £410,000

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.

4 PRIMROSE LANE is a large extended detached house of 146m², built sometime between 1976 and 1982, which could now be worth an estimated £470,920. It was last sold for £410,000 in April 2021, which was around 6% below the average April 2021 detached price in the Colchester local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was C.

4 PRIMROSE LANE Sold Prices

Land registry data shows four sales for 4 PRIMROSE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Most of the four 4 PRIMROSE LANE 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
2021 13 APR	£410,000	£437,270	6% below HPI
2013 15 FEB	£305,000	£291,983	4% above HPI
2010 1 NOV	£320,000	£289,357	11% above HPI
2000 9 JUN	£148,000	£144,233	3% above HPI

4 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 four 4 PRIMROSE LANE sales between June 2000 and April 2021 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 February 2013 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the April 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 4 PRIMROSE LANE be worth now?

4 PRIMROSE LANE might now be worth an estimated £470,920.

This is based on house price inflation of 14.9%, between April 2021 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 14.9% inflationary increase is applied to the most recent sale price for 4 PRIMROSE LANE of £410,000 on 13th April 2021. For the value to have increased from £410,000 to £470,920 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 4 PRIMROSE LANE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The April 2021 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PRIMROSE LANE has not materially changed since April 2021.

How Large is 4 PRIMROSE LANE?

4 PRIMROSE LANE is 146m², which includes two extensions, according to the EPC inspection conducted in August 2009. This puts it in the largest 30% 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 4 PRIMROSE LANE lies on this distribution: 77% of detached houses houses are smaller than 4 PRIMROSE LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

4 PRIMROSE LANE: Plot and Title Map

4 PRIMROSE LANE sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of 4 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 4 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 4 PRIMROSE LANE?

4 PRIMROSE LANE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 4 on PRIMROSE LANE.