195, GROVE ROAD, TIPTREE, COLCHESTER, CO5 0JB - £670,000

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

195 GROVE ROAD is a very large detached house of 188m², built sometime between 1967 and 1975. It was last sold for £670,000 in March 2023, which was around 28% above the average March 2023 detached price in the Colchester local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was B.

195 GROVE ROAD Sold Prices

Land registry data shows three sales for 195 GROVE 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 195 GROVE 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
2023 15 MAR	£670,000	£524,602	28% above HPI
2018 30 AUG	£625,000	£436,122	43% above HPI
2017 12 JUL	£570,000	£423,682	35% above HPI

195 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 three 195 GROVE ROAD sales between July 2017 and March 2023 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 2018 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the March 2023 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 195 GROVE ROAD?

195 GROVE ROAD is 188m² according to the EPC inspection conducted in November 2016. This puts it in the largest 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 195 GROVE ROAD lies on this distribution: 93% of detached houses are smaller than 195 GROVE ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

195 GROVE ROAD: Plot and Title Map

195 GROVE ROAD sits on a plot of roughly 0.185 of an acre, or 748m². The below map shows the location of 195 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 195 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 195 GROVE ROAD?

195 GROVE ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 195 on GROVE ROAD.