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
2 ARCHER CRESCENT is a large detached house of 125m², built sometime between 2003 and 2006. It was last sold for £385,000 in June 2018, which was around 11% below the average June 2018 detached price in the Colchester local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 2 ARCHER CRESCENT since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 2 ARCHER CRESCENT 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 |
---|---|---|---|
2018 11 JUN | £385,000 | £432,030 | 11% below HPI |
2013 24 SEP | £250,000 | £299,937 | 17% below HPI |
2009 28 JUL | £235,000 | £252,592 | 7% below HPI |
2002 14 MAR | £50,000 | £181,389 | 72% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The four 2 ARCHER CRESCENT sales between March 2002 and June 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 September 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2018 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.
2 ARCHER CRESCENT is 125m² according to the EPC inspection conducted in March 2009. This puts it in the largest 40% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 2 ARCHER CRESCENT lies on this distribution: 65% of detached houses are smaller than 2 ARCHER CRESCENT, and 35% of houses are larger. Note that EPC data is not available for all properties in Tiptree.
2 ARCHER CRESCENT sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 2 ARCHER CRESCENT, 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 2 ARCHER CRESCENT). 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.
2 ARCHER CRESCENT is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 2 on ARCHER CRESCENT.