3, BAINBRIDGE DRIVE, TIPTREE, COLCHESTER, CO5 0BP - £270,000

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

3 BAINBRIDGE DRIVE is a large detached house of 126m², built sometime between 1996 and 2002. It was last sold for £270,000 in December 2012, which was around 7% below the average December 2012 detached price in the Colchester local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

3 BAINBRIDGE DRIVE Sold Prices

Land registry data shows four sales for 3 BAINBRIDGE DRIVE 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. Most of the four 3 BAINBRIDGE DRIVE 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
2012 7 DEC	£270,000	£290,154	7% below HPI
2007 26 OCT	£275,000	£305,139	10% below HPI
2001 16 FEB	£147,000	£151,676	3% below HPI
1997 7 OCT	£116,450	£99,892	17% above HPI

3 BAINBRIDGE DRIVE 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 3 BAINBRIDGE DRIVE sales between October 1997 and December 2012 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 October 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2012 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 3 BAINBRIDGE DRIVE?

3 BAINBRIDGE DRIVE is 126m² according to the EPC inspection conducted in May 2012. 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 3 BAINBRIDGE DRIVE lies on this distribution: 66% of detached houses are smaller than 3 BAINBRIDGE DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

3 BAINBRIDGE DRIVE: Plot and Title Map

3 BAINBRIDGE DRIVE sits on a plot of roughly 0.088 of an acre, or 354m². The below map shows the location of 3 BAINBRIDGE DRIVE, 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 3 BAINBRIDGE DRIVE). 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 3 BAINBRIDGE DRIVE?

3 BAINBRIDGE DRIVE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 3 on BAINBRIDGE DRIVE.