2, BAINBRIDGE DRIVE, TIPTREE, COLCHESTER, CO5 0BP - £430,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 BAINBRIDGE DRIVE is a large detached house of 127m², built sometime between 1996 and 2002, which could now be worth an estimated £480,816. It was last sold for £430,000 in January 2021, which was around 4% below the average January 2021 detached price in the Colchester local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

2 BAINBRIDGE DRIVE Sold Prices

Land registry data shows two sales for 2 BAINBRIDGE DRIVE 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. One of the two 2 BAINBRIDGE DRIVE sales was for below the average price, whilst the other was 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
2021 8 JAN	£430,000	£449,162	4% below HPI
1998 17 JUL	£128,500	£109,918	17% above HPI

2 BAINBRIDGE DRIVE 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 2 BAINBRIDGE DRIVE sales from July 1998 and January 2021 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 1998 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the January 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 2 BAINBRIDGE DRIVE be worth now?

2 BAINBRIDGE DRIVE might now be worth an estimated £480,816.

This is based on house price inflation of 11.8%, between January 2021 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.8% inflationary increase is applied to the most recent sale price for 2 BAINBRIDGE DRIVE of £430,000 on 8th January 2021. For the value to have increased from £430,000 to £480,816 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 BAINBRIDGE DRIVE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The January 2021 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BAINBRIDGE DRIVE has not materially changed since January 2021.

How Large is 2 BAINBRIDGE DRIVE?

2 BAINBRIDGE DRIVE is 127m² according to the EPC inspection conducted in July 2020. This puts it in the largest 40% of detached houses houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tiptree, and where 2 BAINBRIDGE DRIVE lies on this distribution: 67% of detached houses houses are smaller than 2 BAINBRIDGE DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

2 BAINBRIDGE DRIVE: Plot and Title Map

2 BAINBRIDGE DRIVE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 2 BAINBRIDGE DRIVE, 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 2 BAINBRIDGE DRIVE). 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 2 BAINBRIDGE DRIVE?

2 BAINBRIDGE DRIVE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 2 on BAINBRIDGE DRIVE.