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
81 VINE ROAD is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £321,000 in January 2016, which was around 15% below the average January 2016 detached price in the Colchester local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 81 VINE ROAD since 1st 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. All of the four 81 VINE 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 |
---|---|---|---|
2016 29 JAN | £321,000 | £377,002 | 15% below HPI |
2004 29 APR | £206,500 | £253,052 | 18% below HPI |
2002 30 MAY | £169,995 | £187,592 | 9% below HPI |
1997 17 DEC | £96,000 | £100,710 | 5% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The four 81 VINE ROAD sales between December 1997 and January 2016 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 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2016 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.
81 VINE ROAD is 72m² according to the EPC inspection conducted in August 2015. 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 81 VINE ROAD lies on this distribution: 9% of detached houses are smaller than 81 VINE ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Tiptree.
81 VINE ROAD sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 81 VINE 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 81 VINE 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.
81 VINE ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 81 on VINE ROAD.