41, RANSOM ROAD, TIPTREE, COLCHESTER, CO5 0TL - £470,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

41 RANSOM ROAD is a very large detached house of 204m², built sometime between 1991 and 1995, which could now be worth an estimated £574,478. It was last sold for £470,000 in November 2016, which was around 14% above the average November 2016 detached price in the Colchester local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

41 RANSOM ROAD Sold Prices

Land registry data shows two sales for 41 RANSOM 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 41 RANSOM ROAD sales were 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
2016 11 NOV	£470,000	£410,901	14% above HPI
2015 29 OCT	£455,000	£365,659	24% above HPI

41 RANSOM 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 41 RANSOM ROAD sales from October 2015 and November 2016 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 October 2015 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the November 2016 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 41 RANSOM ROAD be worth now?

41 RANSOM ROAD might now be worth an estimated £574,478.

This is based on house price inflation of 22.2%, between November 2016 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.2% inflationary increase is applied to the most recent sale price for 41 RANSOM ROAD of £470,000 on 11th November 2016. For the value to have increased from £470,000 to £574,478 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 41 RANSOM ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The November 2016 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 41 RANSOM ROAD has not materially changed since November 2016.

How Large is 41 RANSOM ROAD?

41 RANSOM ROAD is 204m² according to the EPC inspection conducted in April 2011. This puts it in the largest 10% of detached houses houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tiptree, and where 41 RANSOM ROAD lies on this distribution: 94% of detached houses houses are smaller than 41 RANSOM ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

41 RANSOM ROAD: Plot and Title Map

41 RANSOM ROAD sits on a plot of roughly 0.204 of an acre, or 824m². The below map shows the location of 41 RANSOM 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 41 RANSOM 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 41 RANSOM ROAD?

41 RANSOM ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 41 on RANSOM ROAD.