4, GORSE LANE, TIPTREE, COLCHESTER, CO5 0AH - £290,000

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

4 GORSE LANE is a large detached house of 122m², built sometime between 1967 and 1975. It was last sold for £290,000 in October 2012, which was around 1% above the average October 2012 detached price in the Colchester local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was C.

4 GORSE LANE Sold Prices

Land registry data shows two sales for 4 GORSE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. One of the two 4 GORSE LANE sales was for above the average price, whilst the other was 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
2012 26 OCT	£290,000	£288,286	1% above HPI
2010 10 FEB	£250,000	£277,152	10% below HPI

4 GORSE LANE 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 two 4 GORSE LANE sales from February 2010 and October 2012 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 February 2010 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2012 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 4 GORSE LANE?

4 GORSE LANE is 122m² according to the EPC inspection conducted in December 2022. This puts it in the largest 40% 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 GORSE LANE lies on this distribution: 62% of detached houses are smaller than 4 GORSE LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

4 GORSE LANE: Plot and Title Map

4 GORSE LANE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 4 GORSE LANE, 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 GORSE LANE). 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 4 GORSE LANE?

4 GORSE LANE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 4 on GORSE LANE.