BISHOPS COTTAGE, ROOKERY LANE, TIPTREE, COLCHESTER, CO5 0NB - £945,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

BISHOPS COTTAGE is a very large extended detached house of 233m², built sometime before 1900. It was last sold for £945,000 in April 2021, which was around 117% above the average April 2021 detached price in the Colchester local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was D.

BISHOPS COTTAGE Sold Prices

Land registry data shows two sales for BISHOPS COTTAGE 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 BISHOPS COTTAGE 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
2021 23 APR	£945,000	£436,072	117% above HPI
2003 6 MAR	£295,000	£227,259	30% above HPI

BISHOPS COTTAGE 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 BISHOPS COTTAGE sales from March 2003 and April 2021 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 March 2003 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the April 2021 sale, where it rises to 117% above the HPI. The line then continues to track at 117% above the HPI.

How Large is BISHOPS COTTAGE?

BISHOPS COTTAGE is 233m², which includes two extensions, according to the EPC inspection conducted in August 2019. 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 BISHOPS COTTAGE lies on this distribution: 98% of detached houses are smaller than BISHOPS COTTAGE, and 2% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

BISHOPS COTTAGE: Plot and Title Map

BISHOPS COTTAGE sits on a plot of roughly 0.386 of an acre, or 1,561m². The below map shows the location of BISHOPS COTTAGE, 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 BISHOPS COTTAGE). 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 BISHOPS COTTAGE?

BISHOPS COTTAGE is located on ROOKERY LANE in TIPTREE, in the CO5 postcode district. The below map shows the position of BISHOPS COTTAGE on ROOKERY LANE.