LAST COTTAGE, NEWBRIDGE ROAD, TIPTREE, COLCHESTER, CO5 0JA - £510,000

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

LAST COTTAGE is a midsized extended detached house of 108m², built sometime from 2007 onwards. It was last sold for £510,000 in August 2021, which was around 12% above the average August 2021 detached price in the Colchester local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

LAST COTTAGE Sold Prices

Land registry data shows two sales for LAST COTTAGE 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. One of the two LAST COTTAGE sales was for above the average price, whilst the other was 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
2021 13 AUG	£510,000	£456,042	12% above HPI
2004 2 MAR	£225,000	£251,696	11% below HPI

LAST COTTAGE 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 LAST COTTAGE sales from March 2004 and August 2021 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 March 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is LAST COTTAGE?

LAST COTTAGE is 108m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the smallest 50% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where LAST COTTAGE lies on this distribution: 46% of detached houses are smaller than LAST COTTAGE, and 52% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

LAST COTTAGE: Plot and Title Map

LAST COTTAGE sits on a plot of roughly 0.671 of an acre, or 2,716m². The below map shows the location of LAST COTTAGE, 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 LAST COTTAGE). 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 LAST COTTAGE?

LAST COTTAGE is located on NEWBRIDGE ROAD in TIPTREE, in the CO5 postcode district. The below map shows the position of LAST COTTAGE on NEWBRIDGE ROAD.