5, SILVERTHORN CLOSE, TIPTREE, COLCHESTER, CO5 0GZ - £435,000

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 SILVERTHORN CLOSE is a very large detached house of 153m², built sometime between 1996 and 2002. It was last sold for £435,000 in March 2015, which was around 29% above the average March 2015 detached price in the Colchester local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

5 SILVERTHORN CLOSE Sold Prices

Land registry data shows three sales for 5 SILVERTHORN CLOSE since 1^st 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 5 SILVERTHORN CLOSE sales were for above the average price, whilst one 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
2015 24 MAR	£435,000	£337,985	29% above HPI
2006 10 JUL	£400,000	£279,139	43% above HPI
2003 22 AUG	£219,995	£236,145	7% below HPI

5 SILVERTHORN 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 three 5 SILVERTHORN CLOSE sales between August 2003 and March 2015 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 July 2006 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the March 2015 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 5 SILVERTHORN CLOSE?

5 SILVERTHORN CLOSE is 153m² according to the EPC inspection conducted in September 2014. 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 5 SILVERTHORN CLOSE lies on this distribution: 81% of detached houses are smaller than 5 SILVERTHORN CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

5 SILVERTHORN CLOSE: Plot and Title Map

5 SILVERTHORN CLOSE sits on a plot of roughly 0.206 of an acre, or 832m². The below map shows the location of 5 SILVERTHORN 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 SILVERTHORN 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 SILVERTHORN CLOSE?

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