192, GROVE ROAD, TIPTREE, COLCHESTER, CO5 0JB - £357,000

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

192 GROVE ROAD is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £357,000 in September 2022, which was around 30% below the average September 2022 detached price in the Colchester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

192 GROVE ROAD Sold Prices

Land registry data shows two sales for 192 GROVE ROAD 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 192 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
2022 20 SEP	£357,000	£512,793	30% below HPI
2001 17 AUG	£100,000	£167,800	40% below HPI

192 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 two 192 GROVE ROAD sales from August 2001 and September 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 August 2001 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 192 GROVE ROAD?

192 GROVE ROAD is 74m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 192 GROVE ROAD lies on this distribution: 11% of detached houses are smaller than 192 GROVE ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

192 GROVE ROAD: Plot and Title Map

192 GROVE ROAD sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 192 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 192 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 192 GROVE ROAD?

192 GROVE ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 192 on GROVE ROAD.