Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources
2 NEWBRIDGE ROAD is a small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £541,643. It was last sold for £537,500 in December 2023, which was around 8% above the average December 2023 detached price in the Colchester local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 2 NEWBRIDGE ROAD since 1st 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 NEWBRIDGE ROAD sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2023 8 DEC | £537,500 | £498,400 | ![]() 8% above HPI |
2017 28 JUL | £300,000 | £424,846 | ![]() 29% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 2 NEWBRIDGE ROAD sales from July 2017 and December 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 July 2017 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2023 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.
2 NEWBRIDGE ROAD might now be worth an estimated £541,643.
This is based on house price inflation of 0.8%, between December 2023 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 0.8% inflationary increase is applied to the most recent sale price for 2 NEWBRIDGE ROAD of £537,500 on 8th December 2023. For the value to have increased from £537,500 to £541,643 over the two years and ten months to February 2025, the following assumptions must hold true:
2 NEWBRIDGE ROAD is 90m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 30% 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 NEWBRIDGE ROAD lies on this distribution: 27% of detached houses houses are smaller than 2 NEWBRIDGE ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Tiptree.
2 NEWBRIDGE ROAD sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 2 NEWBRIDGE 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 NEWBRIDGE 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.
2 NEWBRIDGE ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 2 on NEWBRIDGE ROAD.
Most recent sales first: