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

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

41 RANSOM ROAD is a very large detached house of 204m², built sometime between 1991 and 1995. It was last sold for £470,000 in November 2016, which was around 15% 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	£409,775	15% above HPI
2015 29 OCT	£455,000	£364,658	25% 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 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the November 2016 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

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 in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 41 RANSOM ROAD lies on this distribution: 95% of detached 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 0.203 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.