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
47 SOUTHGATE CRESCENT is a large extended detached house of 127m², built sometime between 1996 and 2002. It was last sold for £320,000 in September 2019, which was around 28% below the average September 2019 detached price in the Colchester local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 47 SOUTHGATE CRESCENT since 1st 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 47 SOUTHGATE CRESCENT sales was for below the average price, whilst the other 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 13 SEP | £320,000 | £442,036 | 28% below HPI |
2001 30 MAR | £169,750 | £151,192 | 12% above HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 47 SOUTHGATE CRESCENT sales from March 2001 and September 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 March 2001 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2019 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.
47 SOUTHGATE CRESCENT is 127m², which includes one extension, according to the EPC inspection conducted in May 2018. 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 47 SOUTHGATE CRESCENT lies on this distribution: 67% of detached houses are smaller than 47 SOUTHGATE CRESCENT, and 33% of houses are larger. Note that EPC data is not available for all properties in Tiptree.
47 SOUTHGATE CRESCENT sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 47 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 47 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.
47 SOUTHGATE CRESCENT is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 47 on SOUTHGATE CRESCENT.