17, ROSEMARY CLOSE, TIPTREE, COLCHESTER, CO5 0QD - £275,000

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.

17 ROSEMARY CLOSE is a very small detached house of 66m², built sometime between 1996 and 2002, which could now be worth an estimated £411,611. It was last sold for £275,000 in November 2014, which was around 18% below the average November 2014 detached price in the Colchester local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

17 ROSEMARY CLOSE Sold Prices

Land registry data shows two sales for 17 ROSEMARY CLOSE 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 17 ROSEMARY CLOSE 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
2014 20 NOV	£275,000	£335,551	18% below HPI
1998 25 SEP	£105,000	£112,792	7% below HPI

17 ROSEMARY CLOSE 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 17 ROSEMARY CLOSE sales from September 1998 and November 2014 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 1998 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 17 ROSEMARY CLOSE be worth now?

17 ROSEMARY CLOSE might now be worth an estimated £411,611.

This is based on house price inflation of 49.7%, between November 2014 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 49.7% inflationary increase is applied to the most recent sale price for 17 ROSEMARY CLOSE of £275,000 on 20th November 2014. For the value to have increased from £275,000 to £411,611 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 17 ROSEMARY CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The November 2014 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 17 ROSEMARY CLOSE has not materially changed since November 2014.

How Large is 17 ROSEMARY CLOSE?

17 ROSEMARY CLOSE is 66m² according to the EPC inspection conducted in June 2014. 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 17 ROSEMARY CLOSE lies on this distribution: 4% of detached houses houses are smaller than 17 ROSEMARY CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

17 ROSEMARY CLOSE: Plot and Title Map

17 ROSEMARY CLOSE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 17 ROSEMARY 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 17 ROSEMARY 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 17 ROSEMARY CLOSE?

17 ROSEMARY CLOSE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 17 on ROSEMARY CLOSE.