7, SOUTHGATE CRESCENT, TIPTREE, COLCHESTER, CO5 0QW - £344,000

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 SOUTHGATE CRESCENT is a midsized detached house of 117m², built sometime between 2003 and 2006. It was last sold for £344,000 in April 2022, which was around 30% below the average April 2022 detached price in the Colchester local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

7 SOUTHGATE CRESCENT Sold Prices

Land registry data shows two sales for 7 SOUTHGATE CRESCENT 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 7 SOUTHGATE CRESCENT sales were 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
2022 12 APR	£344,000	£490,610	30% below HPI
1999 19 NOV	£118,995	£127,719	7% below HPI

7 SOUTHGATE CRESCENT 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 SOUTHGATE CRESCENT sales from November 1999 and April 2022 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 November 1999 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 7 SOUTHGATE CRESCENT?

7 SOUTHGATE CRESCENT is 117m² according to the EPC inspection conducted in November 2021. This puts it in the largest 50% 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 SOUTHGATE CRESCENT lies on this distribution: 58% of detached houses are smaller than 7 SOUTHGATE CRESCENT, and 42% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

7 SOUTHGATE CRESCENT: Plot and Title Map

7 SOUTHGATE CRESCENT sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 7 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 7 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.

Where is 7 SOUTHGATE CRESCENT?

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