32, OAK ROAD, TIPTREE, COLCHESTER, CO5 0NF - £277,500

32 OAK ROAD is a small detached house of 98m², built sometime from 2007 onwards. It was last sold for £277,500 in June 2015, which was around 20% below the average June 2015 detached price in the Colchester local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

32 OAK ROAD Sold Prices

Land registry data shows two sales for 32 OAK 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. Both of the two 32 OAK ROAD sales were 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
2015 19 JUN	£277,500	£346,020	20% below HPI
2007 10 DEC	£250,000	£307,621	19% below HPI

32 OAK 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 32 OAK ROAD sales from December 2007 and June 2015 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 December 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2015 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 32 OAK ROAD?

32 OAK ROAD is 98m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 32 OAK ROAD lies on this distribution: 36% of detached houses are smaller than 32 OAK ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

32 OAK ROAD: Plot and Title Map

32 OAK ROAD sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 32 OAK 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 32 OAK 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 32 OAK ROAD?

32 OAK ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 32 on OAK ROAD.