53, CHAPEL ROAD, TIPTREE, COLCHESTER, CO5 0RA - £520,000

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

53 CHAPEL ROAD is a very large extended detached house of 266m², built sometime between 1900 and 1929. It was last sold for £520,000 in November 2020, which was around 14% above the average November 2020 detached price in the Colchester local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

53 CHAPEL ROAD Sold Prices

Land registry data shows two sales for 53 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 53 CHAPEL 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
2020 20 NOV	£520,000	£454,919	14% above HPI
1999 8 OCT	£145,000	£125,966	15% above HPI

53 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 53 CHAPEL ROAD sales from October 1999 and November 2020 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 October 1999 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2020 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 53 CHAPEL ROAD?

53 CHAPEL ROAD is 266m², which includes one extension, according to the EPC inspection conducted in February 2014. 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 53 CHAPEL ROAD lies on this distribution: 99% of detached houses are smaller than 53 CHAPEL ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

53 CHAPEL ROAD: Plot and Title Map

53 CHAPEL ROAD sits on a plot of roughly 0.250 of an acre, or 1,011m². The below map shows the location of 53 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 53 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 53 CHAPEL ROAD?

53 CHAPEL ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 53 on CHAPEL ROAD.