197, GROVE ROAD, TIPTREE, COLCHESTER, CO5 0JB - £197,000

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

197 GROVE ROAD is a very large detached house of 207m², built sometime between 1950 and 1966. It was last sold for £197,000 in March 2000, which was around 45% above the average March 2000 detached price in the Colchester local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

197 GROVE ROAD Sold Prices

Land registry data shows two sales for 197 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 197 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
2000 17 MAR	£197,000	£135,902	45% above HPI
1996 7 OCT	£140,000	£90,937	54% above HPI

197 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 197 GROVE ROAD sales from October 1996 and March 2000 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 October 1996 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the March 2000 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 197 GROVE ROAD?

197 GROVE ROAD is 207m² according to the EPC inspection conducted in September 2014. 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 197 GROVE ROAD lies on this distribution: 95% of detached houses are smaller than 197 GROVE ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

197 GROVE ROAD: Plot and Title Map

197 GROVE ROAD sits on a plot of roughly 0.335 of an acre, or 1,356m². The below map shows the location of 197 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 197 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 197 GROVE ROAD?

197 GROVE ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 197 on GROVE ROAD.