103, OAK ROAD, TIPTREE, COLCHESTER, CO5 0NE - £490,000

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

103 OAK ROAD is a very large extended detached house of 157m², built sometime between 1996 and 2002. It was last sold for £490,000 in May 2018, which was around 13% above the average May 2018 detached price in the Colchester local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

103 OAK ROAD Sold Prices

Land registry data shows four sales for 103 OAK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 103 OAK ROAD 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
2018 25 MAY	£490,000	£432,704	13% above HPI
2004 2 DEC	£290,000	£265,516	9% above HPI
1999 12 MAR	£165,000	£113,900	45% above HPI
1995 15 DEC	£135,500	£87,387	55% above HPI

103 OAK ROAD 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 four 103 OAK ROAD sales between December 1995 and May 2018 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 December 2004 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2018 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 103 OAK ROAD?

103 OAK ROAD is 157m², which includes one extension, according to the EPC inspection conducted in July 2022. 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 103 OAK ROAD lies on this distribution: 84% of detached houses are smaller than 103 OAK ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

103 OAK ROAD: Plot and Title Map

103 OAK ROAD sits on a plot of roughly 0.162 of an acre, or 655m². The below map shows the location of 103 OAK ROAD, 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 103 OAK ROAD). 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 103 OAK ROAD?

103 OAK ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 103 on OAK ROAD.