57, CHAPEL ROAD, TIPTREE, COLCHESTER, CO5 0RD - £507,500

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

57 CHAPEL ROAD is a very large extended detached house of 154m², built sometime before 1900. It was last sold for £507,500 in May 2024, which was around 1% above the average May 2024 detached price in the Colchester local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

57 CHAPEL ROAD Sold Prices

Land registry data shows four sales for 57 CHAPEL 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. Most of the four 57 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
2024 15 MAY	£507,500	£504,499	1% above HPI
2015 3 JUL	£320,000	£349,277	8% below HPI
2007 6 DEC	£310,500	£307,621	1% above HPI
1998 28 AUG	£122,500	£111,246	10% above HPI

57 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 four 57 CHAPEL ROAD sales between August 1998 and May 2024 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 July 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2024 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 57 CHAPEL ROAD?

57 CHAPEL ROAD is 154m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the largest 20% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 57 CHAPEL ROAD lies on this distribution: 81% of detached houses are smaller than 57 CHAPEL ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

57 CHAPEL ROAD: Plot and Title Map

57 CHAPEL ROAD sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 57 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 57 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 57 CHAPEL ROAD?

57 CHAPEL ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 57 on CHAPEL ROAD.