3, BROCK CLOSE, TIPTREE, COLCHESTER, CO5 0FF - £370,000

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

3 BROCK CLOSE is a very small semi-detached house of 69m², built sometime between 1996 and 2002. It was last sold for £370,000 in December 2022, which was around 30% below the average December 2022 detached price in the Colchester local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

3 BROCK CLOSE Sold Prices

Land registry data shows three sales for 3 BROCK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 3 BROCK CLOSE 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
2022 9 DEC	£370,000	£526,697	30% below HPI
2015 1 APR	£221,000	£345,478	36% below HPI
2000 17 NOV	£92,750	£151,538	39% below HPI

3 BROCK 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 three 3 BROCK CLOSE sales between November 2000 and December 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 April 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3 BROCK CLOSE?

3 BROCK CLOSE is 69m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 3 BROCK CLOSE lies on this distribution: 6% of detached houses are smaller than 3 BROCK CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

3 BROCK CLOSE: Plot and Title Map

3 BROCK CLOSE sits on a plot of roughly 0.039 of an acre, or 160m². The below map shows the location of 3 BROCK 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 3 BROCK 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 3 BROCK CLOSE?

3 BROCK CLOSE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 3 on BROCK CLOSE.