10, HEATON WAY, TIPTREE, COLCHESTER, CO5 0DZ - £370,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 HEATON WAY is a midsized extended detached house of 106m², built sometime between 1967 and 1975. It was last sold for £370,000 in December 2019, which was around 13% below the average December 2019 detached price in the Colchester local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

10 HEATON WAY Sold Prices

Land registry data shows two sales for 10 HEATON WAY 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 10 HEATON WAY 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
2019 13 DEC	£370,000	£425,212	13% below HPI
2007 23 FEB	£240,000	£294,497	19% below HPI

10 HEATON WAY 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 10 HEATON WAY sales from February 2007 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 February 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2019 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 10 HEATON WAY?

10 HEATON WAY is 106m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the smallest 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 10 HEATON WAY lies on this distribution: 43% of detached houses are smaller than 10 HEATON WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

10 HEATON WAY: Plot and Title Map

10 HEATON WAY sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 10 HEATON WAY, 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 10 HEATON WAY). 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 10 HEATON WAY?

10 HEATON WAY is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 10 on HEATON WAY.