11, GROVE ROAD, TIPTREE, COLCHESTER, CO5 0JP - £365,000

11 GROVE ROAD is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £365,000 in February 2021, which was around 20% below the average February 2021 detached price in the Colchester local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

11 GROVE ROAD Sold Prices

Land registry data shows two sales for 11 GROVE ROAD 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 11 GROVE ROAD sales was for below the average price, whilst the other was roughly equal to 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 17 FEB	£365,000	£457,856	20% below HPI
2001 15 JUN	£159,500	£159,369	Close to HPI

11 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 two 11 GROVE ROAD sales from June 2001 and February 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 June 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 11 GROVE ROAD?

11 GROVE ROAD is 80m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 11 GROVE ROAD lies on this distribution: 16% of detached houses are smaller than 11 GROVE ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

11 GROVE ROAD: Plot and Title Map

11 GROVE ROAD sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 11 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 11 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 11 GROVE ROAD?

11 GROVE ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 11 on GROVE ROAD.