40, CAXTON CLOSE, TIPTREE, COLCHESTER, CO5 0HA - £310,000

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.

40 CAXTON CLOSE is a very small terraced house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £309,105. It was last sold for £310,000 in July 2022, which was around 16% above the average July 2022 terraced price in the Colchester local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

40 CAXTON CLOSE Sold Prices

Land registry data shows six sales for 40 CAXTON CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Colchester local authority area for the corresponding sale date. The six 40 CAXTON CLOSE sales were a mix of above the average price, and roughly equal to 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 27 JUL	£310,000	£266,760	16% above HPI
2012 12 JAN	£151,000	£150,271	Close to HPI
2009 15 MAY	£160,000	£123,450	30% above HPI
2008 15 FEB	£178,000	£165,205	8% above HPI
2004 23 JUN	£155,000	£131,884	18% above HPI
2002 21 NOV	£119,995	£103,988	15% above HPI

40 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 six 40 CAXTON CLOSE sales between November 2002 and July 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 January 2012 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2022 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 40 CAXTON CLOSE be worth now?

40 CAXTON CLOSE might now be worth an estimated £309,105.

This is based on house price deflation of 0.3%, between July 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 0.3% deflationary decrease is applied to the most recent sale price for 40 CAXTON CLOSE of £310,000 on 27th July 2022. For the value to have decreased from £310,000 to £309,105 over the four years and three months to April 2026, the following assumptions must hold true:

• The value of 40 CAXTON CLOSE has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The July 2022 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 40 CAXTON CLOSE has not materially changed since July 2022.

How Large is 40 CAXTON CLOSE?

40 CAXTON CLOSE is 74m² according to the EPC inspection conducted in September 2019. 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 40 CAXTON CLOSE lies on this distribution: 11% of terraced houses houses are smaller than 40 CAXTON CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

40 CAXTON CLOSE: Plot and Title Map

40 CAXTON CLOSE sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of 40 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 40 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 40 CAXTON CLOSE?

40 CAXTON CLOSE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 40 on CAXTON CLOSE.