LILAC COTTAGE, COLCHESTER ROAD, TIPTREE, COLCHESTER, CO5 0ET - £365,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

LILAC COTTAGE is a very small extended semi-detached house of 80m², built sometime before 1900, which could now be worth an estimated £376,111. It was last sold for £365,000 in October 2023, which was around 14% above the average October 2023 semi-detached price in the Colchester local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

LILAC COTTAGE Sold Prices

Land registry data shows four sales for LILAC COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. All of the four LILAC 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
2023 20 OCT	£365,000	£321,451	14% above HPI
2021 28 SEP	£345,000	£301,450	14% above HPI
2014 24 JAN	£222,000	£197,063	13% above HPI
2001 18 OCT	£135,000	£105,057	29% above HPI

LILAC COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The four LILAC COTTAGE sales between October 2001 and October 2023 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 2021 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2023 sale, which was also at 14% above the HPI.

What might LILAC COTTAGE be worth now?

LILAC COTTAGE might now be worth an estimated £376,111.

This is based on house price inflation of 3%, between October 2023 and February 2025, for semi-detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3% inflationary increase is applied to the most recent sale price for LILAC COTTAGE of £365,000 on 20th October 2023. For the value to have increased from £365,000 to £376,111 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of LILAC COTTAGE has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The October 2023 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of LILAC COTTAGE has not materially changed since October 2023.

How Large is LILAC COTTAGE?

LILAC COTTAGE is 80m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the smallest 20% of semi-detached houses houses in Tiptree, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Tiptree, and where LILAC COTTAGE lies on this distribution: 15% of semi-detached houses houses are smaller than LILAC COTTAGE, and 82% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

LILAC COTTAGE: Plot and Title Map

LILAC COTTAGE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of LILAC 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 LILAC 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 LILAC COTTAGE?

LILAC COTTAGE is located on COLCHESTER ROAD in TIPTREE, in the CO5 postcode district. The below map shows the position of LILAC COTTAGE on COLCHESTER ROAD.