44, CHAPEL ROAD, TIPTREE, COLCHESTER, CO5 0RD - £405,000

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

44 CHAPEL ROAD is a midsized extended detached house of 120m², built sometime between 1930 and 1949. It was last sold for £405,000 in December 2020, which was around 11% below the average December 2020 detached price in the Colchester local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

44 CHAPEL ROAD Sold Prices

Land registry data shows two sales for 44 CHAPEL 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. One of the two 44 CHAPEL 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
2020 18 DEC	£405,000	£456,805	11% below HPI
2003 27 AUG	£285,000	£236,145	21% above HPI

44 CHAPEL 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 44 CHAPEL ROAD sales from August 2003 and December 2020 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 August 2003 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the December 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 44 CHAPEL ROAD?

44 CHAPEL ROAD is 120m², which includes two extensions, according to the EPC inspection conducted in March 2020. 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 44 CHAPEL ROAD lies on this distribution: 60% of detached houses are smaller than 44 CHAPEL ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

44 CHAPEL ROAD: Plot and Title Map

44 CHAPEL ROAD sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of 44 CHAPEL 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 44 CHAPEL 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 44 CHAPEL ROAD?

44 CHAPEL ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 44 on CHAPEL ROAD.