48, OAK ROAD, TIPTREE, COLCHESTER, CO5 0NF - £320,000

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.

48 OAK ROAD is a very small extended semi-detached house of 71m², built sometime before 1900, which could now be worth an estimated £327,730. It was last sold for £320,000 in December 2023, which was around 1% below the average December 2023 semi-detached price in the Colchester local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

48 OAK ROAD Sold Prices

Land registry data shows two sales for 48 OAK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. Both of the two 48 OAK 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
2023 12 DEC	£320,000	£323,423	1% below HPI
1999 13 AUG	£48,000	£75,113	36% below HPI

48 OAK ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The two 48 OAK ROAD sales from August 1999 and December 2023 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 1999 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2023 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 48 OAK ROAD be worth now?

48 OAK ROAD might now be worth an estimated £327,730.

This is based on house price inflation of 2.4%, between December 2023 and February 2025, for semi-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 2.4% inflationary increase is applied to the most recent sale price for 48 OAK ROAD of £320,000 on 12th December 2023. For the value to have increased from £320,000 to £327,730 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 48 OAK ROAD has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The December 2023 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 48 OAK ROAD has not materially changed since December 2023.

How Large is 48 OAK ROAD?

48 OAK ROAD is 71m², which includes two extensions, according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% of semi-detached houses houses in Tiptree, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Tiptree, and where 48 OAK ROAD lies on this distribution: 8% of semi-detached houses houses are smaller than 48 OAK ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

48 OAK ROAD: Plot and Title Map

48 OAK ROAD sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 48 OAK 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 OAK 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 OAK ROAD?

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