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
25 RANSOM ROAD is a large extended detached house of 129m², built sometime between 1996 and 2002. It was last sold for £388,000 in August 2016, which was around 3% below the average August 2016 detached price in the Colchester local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 25 RANSOM 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 25 RANSOM ROAD sales was for below the average price, whilst the other 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 |
---|---|---|---|
2016 23 AUG | £388,000 | £398,471 | 3% below HPI |
2006 29 SEP | £305,000 | £283,645 | 8% above HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 25 RANSOM ROAD sales from September 2006 and August 2016 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 September 2006 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2016 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.
25 RANSOM ROAD is 129m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 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 25 RANSOM ROAD lies on this distribution: 68% of detached houses are smaller than 25 RANSOM ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Tiptree.
25 RANSOM ROAD sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 25 RANSOM 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 25 RANSOM 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.
25 RANSOM ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 25 on RANSOM ROAD.