22B, STATION ROAD, TIPTREE, COLCHESTER, CO5 0AD - £485,000

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

22B STATION ROAD is a small detached house of 90m², built in 2019. It was last sold for £485,000 in May 2022, which was around 2% below the average May 2022 detached price in the Colchester local authority area. The most recent EPC inspection was June 2021, where the current energy rating was B, and the potential energy rating was A.

22B STATION ROAD Sold Prices

Land registry data shows three sales for 22B STATION 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. Two of the three 22B STATION ROAD sales were for below the average price, whilst one was 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 MAY	£485,000	£496,658	2% below HPI
2019 30 AUG	£196,000	£440,286	55% below HPI
2017 21 DEC	£460,000	£435,048	6% above HPI

22B STATION 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 22B STATION ROAD sales between December 2017 and May 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 August 2019 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the May 2022 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 22B STATION ROAD?

22B STATION ROAD is 90m² according to the EPC inspection conducted in June 2021. 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 22B STATION ROAD lies on this distribution: 28% of detached houses are smaller than 22B STATION ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

22B STATION ROAD: Plot and Title Map

22B STATION ROAD sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 22B STATION 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 22B STATION 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 22B STATION ROAD?

22B STATION ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 22B on STATION ROAD.