7, ROSEMARY CLOSE, TIPTREE, COLCHESTER, CO5 0QD - £225,000

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

7 ROSEMARY CLOSE is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £225,000 in December 2011, which was around 22% below the average December 2011 detached price in the Colchester local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

7 ROSEMARY CLOSE Sold Prices

Land registry data shows two sales for 7 ROSEMARY 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 7 ROSEMARY 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
2011 8 DEC	£225,000	£286,632	22% below HPI
1998 2 JAN	£103,000	£102,807	Close to HPI

7 ROSEMARY 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 7 ROSEMARY CLOSE sales from January 1998 and December 2011 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 January 1998 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2011 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 7 ROSEMARY CLOSE?

7 ROSEMARY CLOSE is 68m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 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 7 ROSEMARY CLOSE lies on this distribution: 6% of detached houses are smaller than 7 ROSEMARY CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

7 ROSEMARY CLOSE: Plot and Title Map

7 ROSEMARY CLOSE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 7 ROSEMARY 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 7 ROSEMARY 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 7 ROSEMARY CLOSE?

7 ROSEMARY CLOSE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 7 on ROSEMARY CLOSE.