60, STATION ROAD, TIPTREE, COLCHESTER, CO5 0BB - £490,000

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 STATION ROAD is a large extended detached house of 123m², built sometime before 1900. It was last sold for £490,000 in January 2023, which was around 7% below the average January 2023 detached price in the Colchester local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

60 STATION ROAD Sold Prices

Land registry data shows four sales for 60 STATION 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 60 STATION 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
2023 4 JAN	£490,000	£525,879	7% below HPI
2014 19 FEB	£317,500	£306,630	4% above HPI
2012 24 FEB	£320,000	£283,490	13% above HPI
2002 9 DEC	£247,500	£224,803	10% above HPI

60 STATION 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 60 STATION ROAD sales between December 2002 and January 2023 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 February 2014 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the January 2023 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 60 STATION ROAD?

60 STATION ROAD is 123m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 40% 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 STATION ROAD lies on this distribution: 63% of detached houses are smaller than 60 STATION ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

60 STATION ROAD: Plot and Title Map

60 STATION ROAD sits on a plot of roughly 0.152 of an acre, or 615m². The below map shows the location of 60 STATION 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 STATION 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 STATION ROAD?

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