5, BOKHARA CLOSE, TIPTREE, COLCHESTER, CO5 0FN - £375,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 BOKHARA CLOSE is a large detached house of 127m², which could now be worth an estimated £462,781. It was last sold for £375,000 in September 2016, which was around 8% below the average September 2016 detached price in the Colchester local authority area. The most recent EPC inspection was May 2011, where the current energy rating was B, and the potential energy rating was B.

5 BOKHARA CLOSE Sold Prices

Land registry data shows two sales for 5 BOKHARA CLOSE 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 5 BOKHARA CLOSE sales was for below the average price, whilst the other was roughly equal to 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
2016 30 SEP	£375,000	£406,976	8% below HPI
2013 27 JUN	£290,000	£289,415	Close to HPI

5 BOKHARA 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 two 5 BOKHARA CLOSE sales from June 2013 and September 2016 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 June 2013 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2016 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 5 BOKHARA CLOSE be worth now?

5 BOKHARA CLOSE might now be worth an estimated £462,781.

This is based on house price inflation of 23.4%, between September 2016 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.4% inflationary increase is applied to the most recent sale price for 5 BOKHARA CLOSE of £375,000 on 30th September 2016. For the value to have increased from £375,000 to £462,781 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 BOKHARA CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The September 2016 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BOKHARA CLOSE has not materially changed since September 2016.

How Large is 5 BOKHARA CLOSE?

5 BOKHARA CLOSE is 127m² according to the EPC inspection conducted in May 2011. This puts it in the largest 40% of detached houses houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tiptree, and where 5 BOKHARA CLOSE lies on this distribution: 67% of detached houses houses are smaller than 5 BOKHARA CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

5 BOKHARA CLOSE: Plot and Title Map

5 BOKHARA CLOSE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 5 BOKHARA 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 5 BOKHARA 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 5 BOKHARA CLOSE?

5 BOKHARA CLOSE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 5 on BOKHARA CLOSE.