14, NEW ROAD, TIPTREE, COLCHESTER, CO5 0HJ - £295,000

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

14 NEW ROAD is a small detached house of 102m², built sometime between 1900 and 1929. It was last sold for £295,000 in December 2011, which was around 3% above the average December 2011 detached price in the Colchester local authority area. The most recent EPC inspection was May 2014, where the current energy rating was B, and the potential energy rating was A.

14 NEW ROAD Sold Prices

Land registry data shows two sales for 14 NEW ROAD 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. One of the two 14 NEW ROAD sales was for above the average price, whilst the other 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
2011 15 DEC	£295,000	£286,632	3% above HPI
2000 11 FEB	£128,000	£133,281	4% below HPI

14 NEW 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 two 14 NEW ROAD sales from February 2000 and December 2011 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 2000 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2011 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 14 NEW ROAD?

14 NEW ROAD is 102m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 14 NEW ROAD lies on this distribution: 40% of detached houses are smaller than 14 NEW ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

14 NEW ROAD: Plot and Title Map

14 NEW ROAD sits on a plot of roughly 0.247 of an acre, or 1,000m². The below map shows the location of 14 NEW 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 14 NEW 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 14 NEW ROAD?

14 NEW ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 14 on NEW ROAD.