60, GROVE ROAD, TIPTREE, COLCHESTER, CO5 0JJ - £360,000

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

60 GROVE ROAD is a large detached house of 141m², built sometime between 2003 and 2006. It was last sold for £360,000 in August 2007, which was around 17% above the average August 2007 detached price in the Colchester local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

60 GROVE ROAD Sold Prices

Land registry data shows two sales for 60 GROVE 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 60 GROVE 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
2007 17 AUG	£360,000	£307,629	17% above HPI
1996 31 MAY	£125,000	£89,086	40% above HPI

60 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 two 60 GROVE ROAD sales from May 1996 and August 2007 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 May 1996 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the August 2007 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 60 GROVE ROAD?

60 GROVE ROAD is 141m² according to the EPC inspection conducted in July 2011. This puts it in the largest 30% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 60 GROVE ROAD lies on this distribution: 75% of detached houses are smaller than 60 GROVE ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

60 GROVE ROAD: Plot and Title Map

60 GROVE ROAD sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 60 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 60 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 60 GROVE ROAD?

60 GROVE ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 60 on GROVE ROAD.