16, BAINBRIDGE DRIVE, TIPTREE, COLCHESTER, CO5 0BP - £417,500

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.

16 BAINBRIDGE DRIVE is a large detached house of 128m², built sometime between 1996 and 2002, which could now be worth an estimated £492,365. It was last sold for £417,500 in December 2019, which was around 2% below the average December 2019 detached price in the Colchester local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

16 BAINBRIDGE DRIVE Sold Prices

Land registry data shows three sales for 16 BAINBRIDGE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. One of the three 16 BAINBRIDGE DRIVE sales was for below the average price, whilst two 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
2019 19 DEC	£417,500	£426,380	2% below HPI
1999 25 MAR	£134,500	£114,212	18% above HPI
1998 3 APR	£129,995	£107,564	21% above HPI

16 BAINBRIDGE DRIVE 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 three 16 BAINBRIDGE DRIVE sales between April 1998 and December 2019 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 1999 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2019 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 16 BAINBRIDGE DRIVE be worth now?

16 BAINBRIDGE DRIVE might now be worth an estimated £492,365.

This is based on house price inflation of 17.9%, between December 2019 and May 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 17.9% inflationary increase is applied to the most recent sale price for 16 BAINBRIDGE DRIVE of £417,500 on 19th December 2019. For the value to have increased from £417,500 to £492,365 over the seven years and seven months to May 2026, the following assumptions must hold true:

• The value of 16 BAINBRIDGE DRIVE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The December 2019 sale price of £417,500 represented a fair market value for the property.
• The size, condition, and specification of 16 BAINBRIDGE DRIVE has not materially changed since December 2019.

How Large is 16 BAINBRIDGE DRIVE?

16 BAINBRIDGE DRIVE is 128m² according to the EPC inspection conducted in July 2019. This puts it in the largest 40% of detached houses houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tiptree, and where 16 BAINBRIDGE DRIVE lies on this distribution: 67% of detached houses houses are smaller than 16 BAINBRIDGE DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

16 BAINBRIDGE DRIVE: Plot and Title Map

16 BAINBRIDGE DRIVE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 16 BAINBRIDGE DRIVE, 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 16 BAINBRIDGE DRIVE). 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 16 BAINBRIDGE DRIVE?

16 BAINBRIDGE DRIVE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 16 on BAINBRIDGE DRIVE.