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 SOUTHGATE CRESCENT is a small detached house of 82m², built sometime between 1996 and 2002. It was last sold for £208,000 in November 2009, which was around 23% below the average November 2009 detached price in the Colchester local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 2 SOUTHGATE CRESCENT since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the five 2 SOUTHGATE 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 |
---|---|---|---|
2009 10 NOV | £208,000 | £269,579 | 23% below HPI |
2008 18 DEC | £230,000 | £241,012 | 5% below HPI |
2003 21 MAR | £166,000 | £227,259 | 27% below HPI |
2001 25 MAY | £131,000 | £156,204 | 16% below HPI |
1999 28 OCT | £114,000 | £125,966 | 9% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The five 2 SOUTHGATE CRESCENT sales between October 1999 and November 2009 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 December 2008 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2009 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
2 SOUTHGATE CRESCENT is 82m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 30% 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 SOUTHGATE CRESCENT lies on this distribution: 20% of detached houses are smaller than 2 SOUTHGATE CRESCENT, and 80% of houses are larger. Note that EPC data is not available for all properties in Tiptree.
2 SOUTHGATE CRESCENT sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 2 SOUTHGATE 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 SOUTHGATE 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 SOUTHGATE CRESCENT is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 2 on SOUTHGATE CRESCENT.