12, NEWBRIDGE ROAD, TIPTREE, COLCHESTER, CO5 0HS - £625,000

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

12 NEWBRIDGE ROAD is a very large extended detached house of 165m², built sometime between 1950 and 1966. It was last sold for £625,000 in March 2021, which was around 42% above the average March 2021 detached price in the Colchester local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

12 NEWBRIDGE ROAD Sold Prices

Land registry data shows four sales for 12 NEWBRIDGE 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 12 NEWBRIDGE 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
2021 18 MAR	£625,000	£438,624	42% above HPI
2014 28 FEB	£480,000	£306,630	57% above HPI
2008 11 JAN	£400,000	£310,128	29% above HPI
2002 12 JUL	£275,000	£200,250	37% above HPI

12 NEWBRIDGE 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 12 NEWBRIDGE ROAD sales between July 2002 and March 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 February 2014 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the March 2021 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 12 NEWBRIDGE ROAD?

12 NEWBRIDGE ROAD is 165m², which includes two extensions, according to the EPC inspection conducted in May 2013. 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 12 NEWBRIDGE ROAD lies on this distribution: 87% of detached houses are smaller than 12 NEWBRIDGE ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

12 NEWBRIDGE ROAD: Plot and Title Map

12 NEWBRIDGE ROAD sits on a plot of roughly 0.288 of an acre, or 1,165m². The below map shows the location of 12 NEWBRIDGE 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 12 NEWBRIDGE 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 12 NEWBRIDGE ROAD?

12 NEWBRIDGE ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 12 on NEWBRIDGE ROAD.