2, SILVERTHORN CLOSE, TIPTREE, COLCHESTER, CO5 0GZ - £525,000

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 SILVERTHORN CLOSE is a very large detached house of 168m², built sometime between 1996 and 2002. It was last sold for £525,000 in March 2016, which was around 40% above the average March 2016 detached price in the Colchester local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

2 SILVERTHORN CLOSE Sold Prices

Land registry data shows two sales for 2 SILVERTHORN 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 2 SILVERTHORN 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
2016 31 MAR	£525,000	£373,797	40% above HPI
2003 20 JUN	£366,995	£233,411	57% above HPI

2 SILVERTHORN 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 2 SILVERTHORN CLOSE sales from June 2003 and March 2016 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 June 2003 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the March 2016 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 2 SILVERTHORN CLOSE?

2 SILVERTHORN CLOSE is 168m² according to the EPC inspection conducted in August 2015. 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 2 SILVERTHORN CLOSE lies on this distribution: 87% of detached houses are smaller than 2 SILVERTHORN CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

2 SILVERTHORN CLOSE: Plot and Title Map

2 SILVERTHORN CLOSE sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 2 SILVERTHORN 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 2 SILVERTHORN 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 2 SILVERTHORN CLOSE?

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