15, BAINBRIDGE DRIVE, TIPTREE, COLCHESTER, CO5 0BP - £410,000

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

15 BAINBRIDGE DRIVE is a small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £410,000 in November 2022, which was around 22% below the average November 2022 detached price in the Colchester local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

15 BAINBRIDGE DRIVE Sold Prices

Land registry data shows two sales for 15 BAINBRIDGE DRIVE 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. Both of the two 15 BAINBRIDGE DRIVE sales were 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
2022 11 NOV	£410,000	£525,018	22% below HPI
1997 13 NOV	£96,950	£99,958	3% below HPI

15 BAINBRIDGE DRIVE 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 15 BAINBRIDGE DRIVE sales from November 1997 and November 2022 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 November 1997 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 15 BAINBRIDGE DRIVE?

15 BAINBRIDGE DRIVE is 85m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 30% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 15 BAINBRIDGE DRIVE lies on this distribution: 24% of detached houses are smaller than 15 BAINBRIDGE DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

15 BAINBRIDGE DRIVE: Plot and Title Map

15 BAINBRIDGE DRIVE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 15 BAINBRIDGE DRIVE, 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 15 BAINBRIDGE DRIVE). 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 15 BAINBRIDGE DRIVE?

15 BAINBRIDGE DRIVE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 15 on BAINBRIDGE DRIVE.