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
16 STATION ROAD is a midsized extended detached house of 111m², built sometime between 1930 and 1949. It was last sold for £535,000 in April 2022, which was around 9% above the average April 2022 detached price in the Colchester local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows five sales for 16 STATION ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Most of the five 16 STATION 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 |
---|---|---|---|
2022 29 APR | £535,000 | £490,610 | 9% above HPI |
2017 13 APR | £426,668 | £418,366 | 2% above HPI |
2006 27 JAN | £249,995 | £274,085 | 9% below HPI |
1999 14 SEP | £71,000 | £123,279 | 42% below HPI |
1998 2 APR | £129,000 | £107,269 | 20% above HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The five 16 STATION ROAD sales between April 1998 and April 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 April 2017 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the April 2022 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.
16 STATION ROAD is 111m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 50% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 16 STATION ROAD lies on this distribution: 51% of detached houses are smaller than 16 STATION ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Tiptree.
16 STATION ROAD sits on a plot of roughly 0.263 of an acre, or 1,062m². The below map shows the location of 16 STATION 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 16 STATION 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.
16 STATION ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 16 on STATION ROAD.