36, GROVE ROAD, TIPTREE, COLCHESTER, CO5 0JL - £395,000

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

36 GROVE ROAD is a large extended detached house of 124m², built sometime between 1900 and 1929. It was last sold for £395,000 in September 2017, which was around 8% below the average September 2017 detached price in the Colchester local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was A.

36 GROVE ROAD Sold Prices

Land registry data shows two sales for 36 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 36 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
2017 15 SEP	£395,000	£429,380	8% below HPI
2014 3 JAN	£180,000	£304,941	41% below HPI

36 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 36 GROVE ROAD sales from January 2014 and September 2017 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 2014 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2017 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 36 GROVE ROAD?

36 GROVE ROAD is 124m², which includes two extensions, according to the EPC inspection conducted in November 2016. 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 36 GROVE ROAD lies on this distribution: 64% of detached houses are smaller than 36 GROVE ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

36 GROVE ROAD: Plot and Title Map

36 GROVE ROAD sits on a plot of roughly 0.146 of an acre, or 593m². The below map shows the location of 36 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 36 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 36 GROVE ROAD?

36 GROVE ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 36 on GROVE ROAD.