40, STATION ROAD, TIPTREE, COLCHESTER, CO5 0BB - £370,000

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

40 STATION ROAD is a midsized detached house of 110m². It was last sold for £370,000 in May 2015, which was around 6% above the average May 2015 detached price in the Colchester local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

40 STATION ROAD Sold Prices

Land registry data shows three sales for 40 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. One of the three 40 STATION ROAD sales was for above the average price, whilst two 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 29 MAY	£370,000	£347,968	6% above HPI
2013 25 JAN	£112,000	£289,818	61% below HPI
2012 23 JAN	£65,000	£288,326	77% below HPI

40 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 40 STATION ROAD sales between January 2012 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 January 2013 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the May 2015 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 40 STATION ROAD?

40 STATION ROAD is 110m² according to the EPC inspection conducted in January 2015. 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 40 STATION ROAD lies on this distribution: 51% of detached houses are smaller than 40 STATION ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

40 STATION ROAD: Plot and Title Map

40 STATION ROAD sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 40 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 40 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 40 STATION ROAD?

40 STATION ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 40 on STATION ROAD.