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
4 ARCHER CRESCENT is a very large extended detached house of 159m², built sometime between 1996 and 2002. It was last sold for £416,500 in July 2019, which was around 5% below the average July 2019 detached price in the Colchester local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 4 ARCHER CRESCENT since 1st 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. Two of the three 4 ARCHER CRESCENT sales were for below the average price, whilst one was 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 |
---|---|---|---|
2019 8 JUL | £416,500 | £436,896 | 5% below HPI |
2002 12 DEC | £279,995 | £224,803 | 25% above HPI |
2002 14 MAR | £50,000 | £181,389 | 72% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 4 ARCHER CRESCENT sales between March 2002 and July 2019 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 2002 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2019 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.
4 ARCHER CRESCENT is 159m², which includes two extensions, according to the EPC inspection conducted in March 2019. 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 4 ARCHER CRESCENT lies on this distribution: 84% of detached houses are smaller than 4 ARCHER CRESCENT, and 15% of houses are larger. Note that EPC data is not available for all properties in Tiptree.
4 ARCHER CRESCENT sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 4 ARCHER 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 4 ARCHER 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.
4 ARCHER CRESCENT is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 4 on ARCHER CRESCENT.