7, SPRING ROAD, TIPTREE, COLCHESTER, CO5 0BD - £250,000

7 SPRING ROAD is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £250,000 in June 2014, which was around 21% below the average June 2014 detached price in the Colchester local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

7 SPRING ROAD Sold Prices

Land registry data shows two sales for 7 SPRING 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 7 SPRING 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
2014 13 JUN	£250,000	£316,435	21% below HPI
2007 4 OCT	£231,000	£305,139	24% below HPI

7 SPRING 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 7 SPRING ROAD sales from October 2007 and June 2014 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 October 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2014 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 7 SPRING ROAD?

7 SPRING ROAD is 77m² according to the EPC inspection conducted in September 2013. 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 7 SPRING ROAD lies on this distribution: 14% of detached houses are smaller than 7 SPRING ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

7 SPRING ROAD: Plot and Title Map

7 SPRING ROAD sits on a plot of roughly 0.174 of an acre, or 704m². The below map shows the location of 7 SPRING 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 7 SPRING 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 7 SPRING ROAD?

7 SPRING ROAD is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 7 on SPRING ROAD.