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
5 RECTORY ROAD is a large extended detached house of 141m², built sometime between 1983 and 1990. It was last sold for £480,000 in September 2016, which was around 18% above the average September 2016 detached price in the Colchester local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 5 RECTORY ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 5 RECTORY ROAD sales were 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 |
---|---|---|---|
2016 1 SEP | £480,000 | £405,861 | 18% above HPI |
2013 6 NOV | £410,000 | £304,252 | 35% above HPI |
2002 28 JUN | £210,000 | £190,467 | 10% above HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 5 RECTORY ROAD sales between June 2002 and September 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 2013 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the September 2016 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.
5 RECTORY ROAD is 141m², which includes one extension, according to the EPC inspection conducted in March 2013. 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 5 RECTORY ROAD lies on this distribution: 75% of detached houses are smaller than 5 RECTORY ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Tiptree.
5 RECTORY ROAD sits on a plot of roughly 0.131 of an acre, or 528m². The below map shows the location of 5 RECTORY 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 5 RECTORY 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.
5 RECTORY ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 5 on RECTORY ROAD.