5, SALIS CLOSE, TIPTREE, COLCHESTER, CO5 0FP - £690,000

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

5 SALIS CLOSE is a very large detached house of 218m². It was last sold for £690,000 in May 2020, which was around 61% above the average May 2020 detached price in the Colchester local authority area. The most recent EPC inspection was September 2014, where the current energy rating was B, and the potential energy rating was B.

5 SALIS CLOSE Sold Prices

Land registry data shows two sales for 5 SALIS 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. Both of the two 5 SALIS CLOSE 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
2020 26 MAY	£690,000	£427,758	61% above HPI
2014 15 SEP	£595,000	£327,175	82% above HPI

5 SALIS 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 SALIS CLOSE sales from September 2014 and May 2020 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 September 2014 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the May 2020 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is 5 SALIS CLOSE?

5 SALIS CLOSE is 218m² according to the EPC inspection conducted in September 2014. 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 5 SALIS CLOSE lies on this distribution: 97% of detached houses are smaller than 5 SALIS CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

5 SALIS CLOSE: Plot and Title Map

5 SALIS CLOSE sits on a plot of roughly 0.147 of an acre, or 597m². The below map shows the location of 5 SALIS 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 SALIS 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 SALIS CLOSE?

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