ABBOTS TRACE, PRIORY ROAD, TIPTREE, COLCHESTER, CO5 0QE - £930,000

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

ABBOTS TRACE is a very large extended detached house of 301m², built sometime between 1976 and 1982. It was last sold for £930,000 in April 2011, which was around 229% above the average April 2011 detached price in the Colchester local authority area. The most recent EPC inspection was October 2023, where the current energy rating was B, and the potential energy rating was B.

ABBOTS TRACE Sold Prices

Land registry data shows two sales for ABBOTS TRACE 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 ABBOTS TRACE 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
2011 28 APR	£930,000	£283,001	229% above HPI
2006 27 OCT	£765,000	£287,861	166% above HPI

ABBOTS TRACE 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 ABBOTS TRACE sales from October 2006 and April 2011 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 October 2006 sale was for 166% above the HPI. So the extrapolation line tracks at 166% above the HPI over time, until the April 2011 sale, where it rises to 229% above the HPI. The line then continues to track at 229% above the HPI.

How Large is ABBOTS TRACE?

ABBOTS TRACE is 301m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 10% of detached houses in Tiptree Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree Heath, and where ABBOTS TRACE lies on this distribution: 96% of detached houses are smaller than ABBOTS TRACE, and 4% of houses are larger. Note that EPC data is not available for all properties in Tiptree Heath.

ABBOTS TRACE: Plot and Title Map

ABBOTS TRACE sits on a plot of roughly 0.691 of an acre, or 2,795m². The below map shows the location of ABBOTS TRACE, 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 ABBOTS TRACE). 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 ABBOTS TRACE?

ABBOTS TRACE is located on PRIORY ROAD in TIPTREE, in the CO5 postcode district. The below map shows the position of ABBOTS TRACE on PRIORY ROAD.