20, SPRING ROAD, TIPTREE, COLCHESTER, CO5 0BD - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

20 SPRING ROAD is a midsized extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £250,000 in July 2011, which was around 12% below the average July 2011 detached price in the Colchester local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

20 SPRING ROAD Sold Prices

Land registry data shows two sales for 20 SPRING 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 20 SPRING ROAD sales were 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
2011 18 JUL	£250,000	£282,927	12% below HPI
2007 22 JAN	£250,000	£294,293	15% below HPI

20 SPRING 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 20 SPRING ROAD sales from January 2007 and July 2011 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 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2011 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 20 SPRING ROAD?

20 SPRING ROAD is 110m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the largest 50% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 20 SPRING ROAD lies on this distribution: 50% of detached houses are smaller than 20 SPRING ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

20 SPRING ROAD: Plot and Title Map

20 SPRING ROAD sits on a plot of roughly 0.226 of an acre, or 914m². The below map shows the location of 20 SPRING 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 20 SPRING 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 20 SPRING ROAD?

20 SPRING ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 20 on SPRING ROAD.