10, SPRING ROAD, TIPTREE, COLCHESTER, CO5 0BD - £316,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 SPRING ROAD is a very small detached house of 55m², built sometime between 1950 and 1966, which could now be worth an estimated £370,241. It was last sold for £316,000 in February 2020, which was around 27% below the average February 2020 detached price in the Colchester local authority area. The most recent EPC inspection was June 2019, where the current energy rating was F, and the potential energy rating was B.

10 SPRING ROAD Sold Prices

Land registry data shows one sale for 10 SPRING ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Colchester local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 27 FEB	£316,000	£430,101	27% below HPI

What might 10 SPRING ROAD be worth now?

10 SPRING ROAD might now be worth an estimated £370,241.

This is based on house price inflation of 17.2%, between February 2020 and April 2026, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.2% inflationary increase is applied to the most recent sale price for 10 SPRING ROAD of £316,000 on 27th February 2020. For the value to have increased from £316,000 to £370,241 over the five years and ten months to April 2026, the following assumptions must hold true:

• The value of 10 SPRING ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The February 2020 sale price of £316,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SPRING ROAD has not materially changed since February 2020.

How Large is 10 SPRING ROAD?

10 SPRING ROAD is 55m² according to the EPC inspection conducted in June 2019. 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 10 SPRING ROAD lies on this distribution: Less than 1% of detached houses are smaller than 10 SPRING ROAD, and more than 99% of detached houses are larger. Note that EPC data is not available for all properties in Tiptree.

10 SPRING ROAD: Plot

10 SPRING ROAD sits on a plot of roughly 0.155 of an acre, or 626m².

Where is 10 SPRING ROAD?

10 SPRING ROAD is located in TIPTREE, in the CO5 postcode district.