2, CLARKESMEAD, TIPTREE, COLCHESTER, CO5 0BX - £470,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 CLARKESMEAD is a small detached house of 95m², built sometime between 1991 and 1995. It was last sold for £470,000 in May 2022, which was around 5% below the average May 2022 detached price in the Colchester local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

2 CLARKESMEAD Sold Prices

Land registry data shows two sales for 2 CLARKESMEAD 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. One of the two 2 CLARKESMEAD sales was for below the average price, whilst the other 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
2022 27 MAY	£470,000	£496,658	5% below HPI
1996 19 JUL	£109,000	£91,361	19% above HPI

2 CLARKESMEAD 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 2 CLARKESMEAD sales from July 1996 and May 2022 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 July 1996 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2022 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 CLARKESMEAD?

2 CLARKESMEAD is 95m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 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 CLARKESMEAD lies on this distribution: 33% of detached houses are smaller than 2 CLARKESMEAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

2 CLARKESMEAD: Plot and Title Map

2 CLARKESMEAD sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 2 CLARKESMEAD, 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 CLARKESMEAD). 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 2 CLARKESMEAD?

2 CLARKESMEAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 2 on CLARKESMEAD.