33, GROVE ROAD, TIPTREE, COLCHESTER, CO5 0JL - £470,000

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

33 GROVE ROAD is a midsized extended detached house of 109m², built sometime between 1900 and 1929. It was last sold for £470,000 in January 2022, which was around 3% below the average January 2022 detached price in the Colchester local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

33 GROVE ROAD Sold Prices

Land registry data shows two sales for 33 GROVE ROAD since 1^st 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. Both of the two 33 GROVE 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
2022 18 JAN	£470,000	£486,631	3% below HPI
2010 15 JAN	£246,000	£275,637	11% below HPI

33 GROVE 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 two 33 GROVE ROAD sales from January 2010 and January 2022 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 January 2010 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 33 GROVE ROAD?

33 GROVE ROAD is 109m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 50% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 33 GROVE ROAD lies on this distribution: 49% of detached houses are smaller than 33 GROVE ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

33 GROVE ROAD: Plot and Title Map

33 GROVE ROAD sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 33 GROVE 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 33 GROVE 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 33 GROVE ROAD?

33 GROVE ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 33 on GROVE ROAD.