24, CAXTON CLOSE, TIPTREE, COLCHESTER, CO5 0HA - £116,000

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.

24 CAXTON CLOSE is a small flat of 44m², built sometime between 1996 and 2002, which could now be worth an estimated £175,592. It was last sold for £116,000 in November 2011, which was around 8% above the average November 2011 flat price in the Colchester local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was D.

24 CAXTON CLOSE Sold Prices

Land registry data shows three sales for 24 CAXTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Colchester local authority area for the corresponding sale date. All of the three 24 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
2011 25 NOV	£116,000	£107,463	8% above HPI
2007 2 AUG	£140,000	£129,581	8% above HPI
2002 16 SEP	£95,945	£82,243	17% above HPI

What might 24 CAXTON CLOSE be worth now?

24 CAXTON CLOSE might now be worth an estimated £175,592.

This is based on house price inflation of 51.4%, between November 2011 and May 2026, for flats, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.4% inflationary increase is applied to the most recent sale price for 24 CAXTON CLOSE of £116,000 on 25th November 2011. For the value to have increased from £116,000 to £175,592 over the fifteen years and six months to May 2026, the following assumptions must hold true:

• The value of 24 CAXTON CLOSE has moved in line with the HPI for flats in the Colchester local authority area.
• The November 2011 sale price of £116,000 represented a fair market value for the property.
• The size, condition, and specification of 24 CAXTON CLOSE has not materially changed since November 2011.

How Large is 24 CAXTON CLOSE?

24 CAXTON CLOSE is 44m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% of flats in Tiptree, based on EPC data. 24% of flats are smaller than 24 CAXTON CLOSE, and 75% of flats are larger. Note that EPC data is not available for all properties in Tiptree.

24 CAXTON CLOSE: Plot

24 CAXTON CLOSE sits on a plot of roughly 0.081 of an acre, or 327m².

Where is 24 CAXTON CLOSE?

24 CAXTON CLOSE is located in TIPTREE, in the CO5 postcode district.