48, CHAPEL ROAD, TIPTREE, COLCHESTER, CO5 0RD - £214,000

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

48 CHAPEL ROAD is a very large extended detached house of 207m², built sometime between 2003 and 2006. It was last sold for £214,000 in September 2006, which was around 25% below the average September 2006 detached price in the Colchester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

48 CHAPEL ROAD Sold Prices

Land registry data shows two sales for 48 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. Both of the two 48 CHAPEL 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
2006 1 SEP	£214,000	£283,645	25% below HPI
2004 12 AUG	£210,000	£261,089	20% below HPI

48 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 48 CHAPEL ROAD sales from August 2004 and September 2006 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 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2006 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 48 CHAPEL ROAD?

48 CHAPEL ROAD is 207m², which includes one extension, according to the EPC inspection conducted in March 2022. 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 48 CHAPEL ROAD lies on this distribution: 95% of detached houses are smaller than 48 CHAPEL ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

48 CHAPEL ROAD: Plot and Title Map

48 CHAPEL ROAD sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 48 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 48 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 48 CHAPEL ROAD?

48 CHAPEL ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 48 on CHAPEL ROAD.