5, RANSOM ROAD, TIPTREE, COLCHESTER, CO5 0TL - £320,000

5 RANSOM ROAD is a small extended detached house of 96m², built sometime between 1967 and 1975. It was last sold for £320,000 in January 2017, which was around 22% below the average January 2017 detached price in the Colchester local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

5 RANSOM ROAD Sold Prices

Land registry data shows two sales for 5 RANSOM 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 5 RANSOM 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
2017 18 JAN	£320,000	£408,341	22% below HPI
2002 7 JUN	£148,000	£190,467	22% below HPI

5 RANSOM 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 5 RANSOM ROAD sales from June 2002 and January 2017 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 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2017 sale, which was also at 22% below the HPI.

How Large is 5 RANSOM ROAD?

5 RANSOM ROAD is 96m², which includes one extension, according to the EPC inspection conducted in March 2016. 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 5 RANSOM ROAD lies on this distribution: 34% of detached houses are smaller than 5 RANSOM ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

5 RANSOM ROAD: Plot and Title Map

5 RANSOM ROAD sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 5 RANSOM 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 5 RANSOM 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 5 RANSOM ROAD?

5 RANSOM ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 5 on RANSOM ROAD.