4, ROWAN CHASE, TIPTREE, COLCHESTER, CO5 0LW - £295,000

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 ROWAN CHASE is a very small detached house of 60m², built sometime between 1991 and 1995, which could now be worth an estimated £340,129. It was last sold for £295,000 in November 2018, which was around 33% below the average November 2018 detached price in the Colchester local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

4 ROWAN CHASE Sold Prices

Land registry data shows five sales for 4 ROWAN CHASE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the five 4 ROWAN CHASE 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
2018 28 NOV	£295,000	£438,208	33% below HPI
2009 15 JUN	£170,000	£241,371	30% below HPI
2008 13 JUN	£185,000	£284,621	35% below HPI
2003 4 DEC	£137,500	£241,356	43% below HPI
2000 24 MAR	£70,000	£136,275	49% below HPI

4 ROWAN CHASE 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 five 4 ROWAN CHASE sales between March 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 June 2009 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2018 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 4 ROWAN CHASE be worth now?

4 ROWAN CHASE might now be worth an estimated £340,129.

This is based on house price inflation of 15.3%, between November 2018 and March 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 15.3% inflationary increase is applied to the most recent sale price for 4 ROWAN CHASE of £295,000 on 28th November 2018. For the value to have increased from £295,000 to £340,129 over the seven years and eight months to March 2025, the following assumptions must hold true:

• The value of 4 ROWAN CHASE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The November 2018 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ROWAN CHASE has not materially changed since November 2018.

How Large is 4 ROWAN CHASE?

4 ROWAN CHASE is 60m² 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 4 ROWAN CHASE lies on this distribution: 2% of detached houses houses are smaller than 4 ROWAN CHASE, and 98% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

4 ROWAN CHASE: Plot and Title Map

4 ROWAN CHASE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 4 ROWAN CHASE, 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 ROWAN CHASE). 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 ROWAN CHASE?

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