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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 BAINBRIDGE DRIVE is a small detached house of 85m², built sometime between 1996 and 2002, which could now be worth an estimated £391,139. 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	£526,460	22% below HPI
1997 13 NOV	£96,950	£100,232	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.

What might 15 BAINBRIDGE DRIVE be worth now?

15 BAINBRIDGE DRIVE might now be worth an estimated £391,139.

This is based on house price deflation of 4.6%, between November 2022 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.6% deflationary decrease is applied to the most recent sale price for 15 BAINBRIDGE DRIVE of £410,000 on 11th November 2022. For the value to have decreased from £410,000 to £391,139 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 15 BAINBRIDGE DRIVE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The November 2022 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 15 BAINBRIDGE DRIVE has not materially changed since November 2022.

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 houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tiptree, and where 15 BAINBRIDGE DRIVE lies on this distribution: 23% of detached houses houses are smaller than 15 BAINBRIDGE DRIVE, and 76% 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.