5, SPRING ROAD, TIPTREE, COLCHESTER, CO5 0BD - £272,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 SPRING ROAD is a small detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £486,917. It was last sold for £272,000 in May 2006, which was around 3% below the average May 2006 detached price in the Colchester local authority area. The most recent EPC inspection was January 2025, where the current energy rating was D, and the potential energy rating was B.

5 SPRING ROAD Sold Prices

Land registry data shows two sales for 5 SPRING 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 5 SPRING 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 18 MAY	£272,000	£280,561	3% below HPI
1995 16 MAR	£79,000	£92,411	15% below HPI

5 SPRING 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 5 SPRING ROAD sales from March 1995 and May 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 March 1995 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2006 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 5 SPRING ROAD be worth now?

5 SPRING ROAD might now be worth an estimated £486,917.

This is based on house price inflation of 79%, between May 2006 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 79% inflationary increase is applied to the most recent sale price for 5 SPRING ROAD of £272,000 on 18th May 2006. For the value to have increased from £272,000 to £486,917 over the nineteen years and three months to February 2025, the following assumptions must hold true:

• The value of 5 SPRING ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The May 2006 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SPRING ROAD has not materially changed since May 2006.

How Large is 5 SPRING ROAD?

5 SPRING ROAD is 86m² according to the EPC inspection conducted in January 2025. This puts it in the smallest 30% 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 5 SPRING ROAD lies on this distribution: 24% of detached houses houses are smaller than 5 SPRING ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

5 SPRING ROAD: Plot and Title Map

5 SPRING ROAD sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of 5 SPRING 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 SPRING 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 5 SPRING ROAD?

5 SPRING ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 5 on SPRING ROAD.