3, CLARKESMEAD, TIPTREE, COLCHESTER, CO5 0BX - £380,000

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

3 CLARKESMEAD is a very large detached house of 197m², built sometime between 1991 and 1995. It was last sold for £380,000 in April 2014, which was around 22% above the average April 2014 detached price in the Colchester local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

3 CLARKESMEAD Sold Prices

Land registry data shows three sales for 3 CLARKESMEAD 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 CLARKESMEAD 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
2014 25 APR	£380,000	£310,577	22% above HPI
2002 22 NOV	£275,000	£223,504	23% above HPI
1995 29 SEP	£146,500	£90,489	62% above HPI

3 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 three 3 CLARKESMEAD sales between September 1995 and April 2014 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 November 2002 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the April 2014 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 3 CLARKESMEAD?

3 CLARKESMEAD is 197m² according to the EPC inspection conducted in August 2013. This puts it in the largest 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 CLARKESMEAD lies on this distribution: 94% of detached houses are smaller than 3 CLARKESMEAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

3 CLARKESMEAD: Plot and Title Map

3 CLARKESMEAD sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of 3 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 3 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 3 CLARKESMEAD?

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