32, ELWIN ROAD, TIPTREE, COLCHESTER, CO5 0HL - £360,000

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

32 ELWIN ROAD is a small detached house of 86m², built sometime between 1976 and 1982. It was last sold for £360,000 in February 2018, which was around 17% below the average February 2018 detached price in the Colchester local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was C.

32 ELWIN ROAD Sold Prices

Land registry data shows three sales for 32 ELWIN 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 32 ELWIN 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
2018 6 FEB	£360,000	£435,030	17% below HPI
2001 31 MAY	£180,000	£156,204	15% above HPI
1997 22 JUL	£90,000	£98,262	8% below HPI

32 ELWIN 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 32 ELWIN ROAD sales between July 1997 and February 2018 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 May 2001 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2018 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 32 ELWIN ROAD?

32 ELWIN ROAD is 86m² according to the EPC inspection conducted in September 2017. 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 32 ELWIN ROAD lies on this distribution: 25% of detached houses are smaller than 32 ELWIN ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

32 ELWIN ROAD: Plot and Title Map

32 ELWIN ROAD sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 32 ELWIN 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 32 ELWIN 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 32 ELWIN ROAD?

32 ELWIN ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 32 on ELWIN ROAD.