45, NEWBRIDGE ROAD, TIPTREE, COLCHESTER, CO5 0HX - £270,000

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.

45 NEWBRIDGE ROAD is a small extended detached house of 100m², built sometime between 1950 and 1966, which could now be worth an estimated £473,383. It was last sold for £270,000 in August 2011, which was around 6% below the average August 2011 detached price in the Colchester local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

45 NEWBRIDGE ROAD Sold Prices

Land registry data shows four sales for 45 NEWBRIDGE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 45 NEWBRIDGE ROAD sales 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
2011 22 AUG	£270,000	£286,460	6% below HPI
2004 13 JUL	£249,950	£259,751	4% below HPI
2001 5 OCT	£126,000	£174,846	28% below HPI
2000 8 FEB	£93,500	£133,647	30% below HPI

45 NEWBRIDGE 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 four 45 NEWBRIDGE ROAD sales between February 2000 and August 2011 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 July 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2011 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 45 NEWBRIDGE ROAD be worth now?

45 NEWBRIDGE ROAD might now be worth an estimated £473,383.

This is based on house price inflation of 75.3%, between August 2011 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 75.3% inflationary increase is applied to the most recent sale price for 45 NEWBRIDGE ROAD of £270,000 on 22nd August 2011. For the value to have increased from £270,000 to £473,383 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 45 NEWBRIDGE ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The August 2011 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 45 NEWBRIDGE ROAD has not materially changed since August 2011.

How Large is 45 NEWBRIDGE ROAD?

45 NEWBRIDGE ROAD is 100m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the smallest 40% 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 45 NEWBRIDGE ROAD lies on this distribution: 38% of detached houses houses are smaller than 45 NEWBRIDGE ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

45 NEWBRIDGE ROAD: Plot and Title Map

45 NEWBRIDGE ROAD sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 45 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 45 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.

Where is 45 NEWBRIDGE ROAD?

45 NEWBRIDGE ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 45 on NEWBRIDGE ROAD.