48, STATION ROAD, TIPTREE, COLCHESTER, CO5 0BB - £370,000

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

48 STATION ROAD is a large extended detached house of 139m², built sometime between 1950 and 1966. It was last sold for £370,000 in August 2016, which was around 7% below the average August 2016 detached price in the Colchester local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was C.

48 STATION ROAD Sold Prices

Land registry data shows two sales for 48 STATION 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 STATION 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
2016 26 AUG	£370,000	£398,471	7% below HPI
2008 7 NOV	£233,000	£246,750	6% below HPI

48 STATION 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 STATION ROAD sales from November 2008 and August 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 November 2008 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2016 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 48 STATION ROAD?

48 STATION ROAD is 139m², which includes three extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 30% 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 STATION ROAD lies on this distribution: 74% of detached houses are smaller than 48 STATION ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

48 STATION ROAD: Plot and Title Map

48 STATION ROAD sits on a plot of roughly 0.154 of an acre, or 624m². The below map shows the location of 48 STATION 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 STATION 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 STATION ROAD?

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