2, BLUE ROAD, TIPTREE, COLCHESTER, CO5 0TY - £535,000

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

2 BLUE ROAD is a large detached house of 124m², built sometime between 1991 and 1995. It was last sold for £535,000 in July 2022, which was around 5% above the average July 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.

2 BLUE ROAD Sold Prices

Land registry data shows three sales for 2 BLUE 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 2 BLUE 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
2022 18 JUL	£535,000	£508,068	5% above HPI
2013 31 JAN	£315,000	£289,818	9% above HPI
2003 5 NOV	£250,000	£238,979	5% above HPI

2 BLUE 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 2 BLUE ROAD sales between November 2003 and July 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 January 2013 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2022 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 2 BLUE ROAD?

2 BLUE ROAD is 124m² according to the EPC inspection conducted in March 2022. This puts it in the largest 40% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 2 BLUE ROAD lies on this distribution: 64% of detached houses are smaller than 2 BLUE ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

2 BLUE ROAD: Plot and Title Map

2 BLUE ROAD sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of 2 BLUE 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 2 BLUE 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 2 BLUE ROAD?

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