17, NEW ROAD, TIPTREE, COLCHESTER, CO5 0HJ - £249,995

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

17 NEW ROAD is a very small detached house of 68m², built sometime between 1996 and 2002. It was last sold for £249,995 in August 2014, which was around 23% below the average August 2014 detached price in the Colchester local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

17 NEW ROAD Sold Prices

Land registry data shows three sales for 17 NEW ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 17 NEW 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
2014 8 AUG	£249,995	£323,948	23% below HPI
2010 22 JUL	£239,000	£281,998	15% below HPI
1999 29 MAR	£105,000	£113,900	8% below HPI

17 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 three 17 NEW ROAD sales between March 1999 and August 2014 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 2010 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 17 NEW ROAD?

17 NEW ROAD is 68m² according to the EPC inspection conducted in September 2019. 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 NEW ROAD lies on this distribution: 6% of detached houses are smaller than 17 NEW ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

17 NEW ROAD: Plot and Title Map

17 NEW ROAD sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 17 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 17 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 17 NEW ROAD?

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