17, GROVE ROAD, TIPTREE, COLCHESTER, CO5 0JP - £325,000

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

17 GROVE ROAD is a very small detached house of 71m², built sometime between 1996 and 2002. It was last sold for £325,000 in July 2016, which was around 17% below the average July 2016 detached price in the Colchester local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

17 GROVE ROAD Sold Prices

Land registry data shows five sales for 17 GROVE ROAD since 1^st 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. All of the five 17 GROVE ROAD 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
2016 26 JUL	£325,000	£389,996	17% below HPI
2012 20 JUL	£241,500	£287,955	16% below HPI
2007 19 OCT	£233,000	£305,139	24% below HPI
2002 2 APR	£150,000	£183,296	18% below HPI
2000 24 MAR	£131,000	£135,902	4% below HPI

17 GROVE 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 five 17 GROVE ROAD sales between March 2000 and July 2016 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 July 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2016 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 17 GROVE ROAD?

17 GROVE ROAD is 71m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 10% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 17 GROVE ROAD lies on this distribution: 8% of detached houses are smaller than 17 GROVE ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

17 GROVE ROAD: Plot and Title Map

17 GROVE ROAD sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 17 GROVE 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 17 GROVE 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 17 GROVE ROAD?

17 GROVE ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 17 on GROVE ROAD.