Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 APRICOT MEWS is a large detached house of 152m². It was last sold for £450,000 in February 2024, which was around 9% below the average February 2024 detached price in the Colchester local authority area. The most recent EPC inspection was October 2020, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows three sales for 1 APRICOT MEWS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Two of the three 1 APRICOT MEWS sales were for below the average price, whilst one was 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 |
---|---|---|---|
2024 12 FEB | £450,000 | £492,499 | 9% below HPI |
2023 29 SEP | £485,000 | £503,529 | 4% below HPI |
2020 30 OCT | £470,000 | £449,794 | 4% above HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 1 APRICOT MEWS sales between October 2020 and February 2024 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 September 2023 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2024 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.
1 APRICOT MEWS is 152m² according to the EPC inspection conducted in October 2020. This puts it in the largest 20% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 1 APRICOT MEWS lies on this distribution: 80% of detached houses are smaller than 1 APRICOT MEWS, and 19% of houses are larger. Note that EPC data is not available for all properties in Tiptree.
1 APRICOT MEWS sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 1 APRICOT MEWS, 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 1 APRICOT MEWS). 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.
1 APRICOT MEWS is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 1 on APRICOT MEWS.