SPARROW COTTAGE, VINE ROAD, TIPTREE, COLCHESTER, CO5 0LT - £497,500

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.

SPARROW COTTAGE is a very large extended detached house of 186m², built sometime before 1900, which could now be worth an estimated £572,790. It was last sold for £497,500 in February 2018, which was around 14% above the average February 2018 detached price in the Colchester local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

SPARROW COTTAGE Sold Prices

Land registry data shows two sales for SPARROW COTTAGE 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 SPARROW COTTAGE 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
2018 14 FEB	£497,500	£436,225	14% above HPI
2012 31 MAY	£350,000	£282,392	24% above HPI

SPARROW COTTAGE 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 SPARROW COTTAGE sales from May 2012 and February 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 May 2012 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the February 2018 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might SPARROW COTTAGE be worth now?

SPARROW COTTAGE might now be worth an estimated £572,790.

This is based on house price inflation of 15.1%, between February 2018 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 15.1% inflationary increase is applied to the most recent sale price for SPARROW COTTAGE of £497,500 on 14th February 2018. For the value to have increased from £497,500 to £572,790 over the seven years to February 2025, the following assumptions must hold true:

• The value of SPARROW COTTAGE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The February 2018 sale price of £497,500 represented a fair market value for the property.
• The size, condition, and specification of SPARROW COTTAGE has not materially changed since February 2018.

How Large is SPARROW COTTAGE?

SPARROW COTTAGE is 186m², which includes two extensions, according to the EPC inspection conducted in March 2011. This puts it in the largest 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 SPARROW COTTAGE lies on this distribution: 92% of detached houses houses are smaller than SPARROW COTTAGE, and 8% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

SPARROW COTTAGE: Plot and Title Map

SPARROW COTTAGE sits on a plot of roughly 0.208 of an acre, or 841m². The below map shows the location of SPARROW COTTAGE, 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 SPARROW COTTAGE). 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 SPARROW COTTAGE?

SPARROW COTTAGE is located on VINE ROAD in TIPTREE, in the CO5 postcode district. The below map shows the position of SPARROW COTTAGE on VINE ROAD.