55, GROVE ROAD, TIPTREE, COLCHESTER, CO5 0JJ - £445,000

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

55 GROVE ROAD is a very large detached house of 154m², built sometime between 2003 and 2006, which could now be worth an estimated £504,224. It was last sold for £445,000 in September 2019, which was about the average September 2019 detached price in the Colchester local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

55 GROVE ROAD Sold Prices

Land registry data shows four sales for 55 GROVE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. The four 55 GROVE ROAD sales were a mix of roughly equal to the average price, above the average price, and 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
2019 19 SEP	£445,000	£443,251	Close to HPI
2010 23 APR	£239,000	£284,136	16% below HPI
2005 11 FEB	£300,000	£263,029	14% above HPI
2001 25 JUN	£110,000	£159,807	31% below HPI

55 GROVE 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 four 55 GROVE ROAD sales between June 2001 and September 2019 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 April 2010 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 55 GROVE ROAD be worth now?

55 GROVE ROAD might now be worth an estimated £504,224.

This is based on house price inflation of 13.3%, between September 2019 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 13.3% inflationary increase is applied to the most recent sale price for 55 GROVE ROAD of £445,000 on 19th September 2019. For the value to have increased from £445,000 to £504,224 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 55 GROVE ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The September 2019 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 55 GROVE ROAD has not materially changed since September 2019.

How Large is 55 GROVE ROAD?

55 GROVE ROAD is 154m² according to the EPC inspection conducted in March 2019. This puts it in the largest 20% 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 55 GROVE ROAD lies on this distribution: 81% of detached houses houses are smaller than 55 GROVE ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

55 GROVE ROAD: Plot and Title Map

55 GROVE ROAD sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 55 GROVE 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 55 GROVE 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 55 GROVE ROAD?

55 GROVE ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 55 on GROVE ROAD.