31, CHAPEL ROAD, TIPTREE, COLCHESTER, CO5 0RA - £505,000

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

31 CHAPEL ROAD is a very large extended detached house of 157m², built sometime between 1930 and 1949. It was last sold for £505,000 in February 2021, which was around 14% above the average February 2021 detached price in the Colchester local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

31 CHAPEL ROAD Sold Prices

Land registry data shows three sales for 31 CHAPEL 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. All of the three 31 CHAPEL ROAD sales were 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
2021 2 FEB	£505,000	£442,770	14% above HPI
2006 7 JUL	£390,000	£279,139	40% above HPI
1999 12 JUL	£145,000	£120,463	20% above HPI

31 CHAPEL 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 31 CHAPEL ROAD sales between July 1999 and February 2021 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 July 2006 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the February 2021 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 31 CHAPEL ROAD?

31 CHAPEL ROAD is 157m², which includes two extensions, according to the EPC inspection conducted in June 2020. 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 31 CHAPEL ROAD lies on this distribution: 84% of detached houses are smaller than 31 CHAPEL ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

31 CHAPEL ROAD: Plot and Title Map

31 CHAPEL ROAD sits on a plot of roughly 0.236 of an acre, or 956m². The below map shows the location of 31 CHAPEL 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 31 CHAPEL 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 31 CHAPEL ROAD?

31 CHAPEL ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 31 on CHAPEL ROAD.