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
30 OAK ROAD is a very large detached house of 172m², built sometime between 1950 and 1966. It was last sold for £238,500 in March 2008, which was around 22% below the average March 2008 detached price in the Colchester local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 30 OAK ROAD since 1st 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. All of the three 30 OAK 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 |
---|---|---|---|
2008 28 MAR | £238,500 | £303,907 | 22% below HPI |
2006 31 AUG | £250,000 | £282,194 | 11% below HPI |
2001 27 JUL | £150,000 | £163,344 | 8% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 30 OAK ROAD sales between July 2001 and March 2008 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 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2008 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
30 OAK ROAD is 172m² according to the EPC inspection conducted in January 2016. This puts it in the largest 20% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 30 OAK ROAD lies on this distribution: 89% of detached houses are smaller than 30 OAK ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Tiptree.
30 OAK ROAD sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 30 OAK 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 30 OAK 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.
30 OAK ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 30 on OAK ROAD.