57B, CHAPEL ROAD, TIPTREE, COLCHESTER, CO5 0RD - £352,000

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

57B CHAPEL ROAD is a very small detached house of 71m², built sometime between 1983 and 1990. It was last sold for £352,000 in August 2024, which was around 31% below the average August 2024 detached price in the Colchester local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was B.

57B CHAPEL ROAD Sold Prices

Land registry data shows three sales for 57B CHAPEL ROAD since 1^st 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 57B CHAPEL 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
2024 5 AUG	£352,000	£509,235	31% below HPI
2022 28 JAN	£379,995	£486,631	22% below HPI
2014 4 JUL	£289,000	£320,393	10% below HPI

57B 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 three 57B CHAPEL ROAD sales between July 2014 and August 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 January 2022 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2024 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 57B CHAPEL ROAD?

57B CHAPEL ROAD is 71m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 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 57B CHAPEL ROAD lies on this distribution: 8% of detached houses are smaller than 57B CHAPEL ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

57B CHAPEL ROAD: Plot and Title Map

57B CHAPEL ROAD sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 57B 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 57B 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 57B CHAPEL ROAD?

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