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
21 SOUTHGATE CRESCENT is a midsized extended detached house of 113m², built sometime between 1996 and 2002. It was last sold for £320,000 in August 2017, which was around 25% below the average August 2017 detached price in the Colchester local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 21 SOUTHGATE 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 21 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 |
---|---|---|---|
2017 1 AUG | £320,000 | £428,227 | 25% below HPI |
2010 30 APR | £202,500 | £283,357 | 29% below HPI |
2006 14 AUG | £193,000 | £282,194 | 32% below HPI |
2000 21 SEP | £119,950 | £149,074 | 20% 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 21 SOUTHGATE CRESCENT sales between September 2000 and August 2017 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 April 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2017 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
21 SOUTHGATE CRESCENT is 113m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the largest 50% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 21 SOUTHGATE CRESCENT lies on this distribution: 54% of detached houses are smaller than 21 SOUTHGATE CRESCENT, and 45% of houses are larger. Note that EPC data is not available for all properties in Tiptree.
21 SOUTHGATE CRESCENT sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 21 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 21 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.
21 SOUTHGATE CRESCENT is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 21 on SOUTHGATE CRESCENT.