NEWBRIDGE COTTAGE, NEWBRIDGE ROAD, TIPTREE, COLCHESTER, CO5 0JA - £470,000

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

NEWBRIDGE COTTAGE is a very large extended detached house of 190m², built sometime between 1900 and 1929. It was last sold for £470,000 in December 2006, which was around 60% above the average December 2006 detached price in the Colchester local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was A.

NEWBRIDGE COTTAGE Sold Prices

Land registry data shows two sales for NEWBRIDGE 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. Both of the two NEWBRIDGE COTTAGE 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
2006 21 DEC	£470,000	£292,913	60% above HPI
2002 29 OCT	£250,000	£218,214	15% above HPI

NEWBRIDGE 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 NEWBRIDGE COTTAGE sales from October 2002 and December 2006 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 2002 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2006 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is NEWBRIDGE COTTAGE?

NEWBRIDGE COTTAGE is 190m², which includes three extensions, according to the EPC inspection conducted in November 2017. This puts it in the largest 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 NEWBRIDGE COTTAGE lies on this distribution: 93% of detached houses are smaller than NEWBRIDGE COTTAGE, and 7% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

NEWBRIDGE COTTAGE: Plot and Title Map

NEWBRIDGE COTTAGE sits on a plot of roughly 0.431 of an acre, or 1,744m². The below map shows the location of NEWBRIDGE 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 NEWBRIDGE 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 NEWBRIDGE COTTAGE?

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