11, RANSOM ROAD, TIPTREE, COLCHESTER, CO5 0TL - £567,500

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

11 RANSOM ROAD is a large extended detached house of 152m², built sometime between 1983 and 1990. It was last sold for £567,500 in September 2021, which was around 23% above the average September 2021 detached price in the Colchester local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

11 RANSOM ROAD Sold Prices

Land registry data shows three sales for 11 RANSOM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Two of the three 11 RANSOM ROAD sales were for above the average price, whilst one was 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
2021 29 SEP	£567,500	£462,560	23% above HPI
2017 14 DEC	£500,000	£435,048	15% above HPI
2007 24 AUG	£277,000	£307,629	10% below HPI

11 RANSOM 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 three 11 RANSOM ROAD sales between August 2007 and September 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 December 2017 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2021 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 11 RANSOM ROAD?

11 RANSOM ROAD is 152m², which includes one extension, according to the EPC inspection conducted in September 2017. 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 11 RANSOM ROAD lies on this distribution: 80% of detached houses are smaller than 11 RANSOM ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

11 RANSOM ROAD: Plot and Title Map

11 RANSOM ROAD sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 11 RANSOM 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 11 RANSOM 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 11 RANSOM ROAD?

11 RANSOM ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 11 on RANSOM ROAD.