208, GROVE ROAD, TIPTREE, COLCHESTER, CO5 0JB - £465,000

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

208 GROVE ROAD is a small extended detached house of 101m², built sometime between 1967 and 1975. It was last sold for £465,000 in May 2018, which was around 7% above the average May 2018 detached price in the Colchester local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

208 GROVE ROAD Sold Prices

Land registry data shows four sales for 208 GROVE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. two of the four 208 GROVE ROAD sales were for above the average price, and four 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
2018 23 MAY	£465,000	£432,704	7% above HPI
2011 27 MAY	£325,000	£283,054	15% above HPI
2005 4 AUG	£247,500	£268,904	8% below HPI
2001 5 APR	£135,000	£155,193	13% below HPI

208 GROVE 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 four 208 GROVE ROAD sales between April 2001 and May 2018 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 May 2011 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the May 2018 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 208 GROVE ROAD?

208 GROVE ROAD is 101m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the smallest 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 208 GROVE ROAD lies on this distribution: 39% of detached houses are smaller than 208 GROVE ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

208 GROVE ROAD: Plot and Title Map

208 GROVE ROAD sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of 208 GROVE 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 208 GROVE 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 208 GROVE ROAD?

208 GROVE ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 208 on GROVE ROAD.