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
40 NEWBRIDGE ROAD is a large extended detached house of 123m², built sometime between 1967 and 1975. It was last sold for £312,500 in September 2014, which was around 4% below the average September 2014 detached price in the Colchester local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 40 NEWBRIDGE ROAD since 1st 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. One of the two 40 NEWBRIDGE ROAD sales was for below the average price, whilst the other 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 |
---|---|---|---|
2014 22 SEP | £312,500 | £327,175 | 4% below HPI |
2003 30 MAY | £234,995 | £231,315 | 2% above HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 40 NEWBRIDGE ROAD sales from May 2003 and September 2014 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 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2014 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.
40 NEWBRIDGE ROAD is 123m², which includes one extension, according to the EPC inspection conducted in June 2023. 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 40 NEWBRIDGE ROAD lies on this distribution: 63% of detached houses are smaller than 40 NEWBRIDGE ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Tiptree.
40 NEWBRIDGE ROAD sits on a plot of roughly 0.127 of an acre, or 516m². The below map shows the location of 40 NEWBRIDGE 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 40 NEWBRIDGE 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.
40 NEWBRIDGE ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 40 on NEWBRIDGE ROAD.