94, GROVE ROAD, TIPTREE, COLCHESTER, CO5 0JG - £340,000

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

94 GROVE ROAD is a small detached house of 89m², built sometime between 1996 and 2002. It was last sold for £340,000 in March 2019, which was around 22% below the average March 2019 detached price in the Colchester local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

94 GROVE ROAD Sold Prices

Land registry data shows six sales for 94 GROVE ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the six 94 GROVE 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
2019 19 MAR	£340,000	£433,555	22% below HPI
2019 28 FEB	£360,000	£439,479	18% below HPI
2014 11 NOV	£310,000	£334,632	7% below HPI
2012 4 APR	£250,000	£281,519	11% below HPI
2004 14 DEC	£249,995	£265,516	6% below HPI
1997 28 JUL	£90,000	£98,262	8% below HPI

94 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 six 94 GROVE ROAD sales between July 1997 and March 2019 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 2019 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 94 GROVE ROAD?

94 GROVE ROAD is 89m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 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 94 GROVE ROAD lies on this distribution: 27% of detached houses are smaller than 94 GROVE ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

94 GROVE ROAD: Plot and Title Map

94 GROVE ROAD sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 94 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 94 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 94 GROVE ROAD?

94 GROVE ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 94 on GROVE ROAD.