39, STATION ROAD, TIPTREE, COLCHESTER, CO5 0BB - £220,000

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

39 STATION ROAD is a small extended detached house of 91m², built sometime between 1930 and 1949. It was last sold for £220,000 in May 2015, which was around 37% below the average May 2015 detached price in the Colchester local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

39 STATION ROAD Sold Prices

Land registry data shows three sales for 39 STATION 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 39 STATION 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
2015 1 MAY	£220,000	£347,968	37% below HPI
2013 31 MAY	£215,000	£290,038	26% below HPI
2002 31 MAY	£158,000	£187,592	16% below HPI

39 STATION 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 39 STATION ROAD sales between May 2002 and May 2015 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 2013 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2015 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 39 STATION ROAD?

39 STATION ROAD is 91m², which includes two extensions, according to the EPC inspection conducted in November 2021. 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 39 STATION ROAD lies on this distribution: 28% of detached houses are smaller than 39 STATION ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

39 STATION ROAD: Plot and Title Map

39 STATION ROAD sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 39 STATION 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 39 STATION 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 39 STATION ROAD?

39 STATION ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 39 on STATION ROAD.