2, NEWBRIDGE ROAD, TIPTREE, COLCHESTER, CO5 0HS - £537,500

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 NEWBRIDGE ROAD is a small detached house of 90m², built sometime between 1967 and 1975. It was last sold for £537,500 in December 2023, which was around 7% 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.

2 NEWBRIDGE ROAD Sold Prices

Land registry data shows two sales for 2 NEWBRIDGE 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. 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	£500,095	7% above HPI
2017 28 JUL	£300,000	£423,682	29% below HPI

2 NEWBRIDGE 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 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 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 2 NEWBRIDGE ROAD?

2 NEWBRIDGE ROAD is 90m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 30% 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 NEWBRIDGE ROAD lies on this distribution: 28% of detached 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: Plot and Title Map

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.

Where is 2 NEWBRIDGE ROAD?

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