1, TIFFIN DRIVE, TIPTREE, COLCHESTER, CO5 0RZ - £369,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 TIFFIN DRIVE is a midsized detached house of 110m², built sometime between 1996 and 2002. It was last sold for £369,000 in February 2017, which was around 11% below the average February 2017 detached price in the Colchester local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

1 TIFFIN DRIVE Sold Prices

Land registry data shows two sales for 1 TIFFIN DRIVE 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 1 TIFFIN DRIVE sales was for below the average price, whilst the other was 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
2017 24 FEB	£369,000	£415,133	11% below HPI
2000 10 MAR	£159,500	£135,902	17% above HPI

1 TIFFIN 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 two 1 TIFFIN DRIVE sales from March 2000 and February 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 March 2000 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2017 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 1 TIFFIN DRIVE?

1 TIFFIN DRIVE is 110m² according to the EPC inspection conducted in August 2016. This puts it in the largest 50% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 1 TIFFIN DRIVE lies on this distribution: 51% of detached houses are smaller than 1 TIFFIN DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

1 TIFFIN DRIVE: Plot and Title Map

1 TIFFIN DRIVE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 1 TIFFIN 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 1 TIFFIN 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 1 TIFFIN DRIVE?

1 TIFFIN DRIVE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 1 on TIFFIN DRIVE.