12, WILKIN DRIVE, TIPTREE, COLCHESTER, CO5 0QP - £116,000

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

12 WILKIN DRIVE is a small detached house of 84m², built sometime between 2003 and 2006. It was last sold for £116,000 in February 2001, which was around 24% below the average February 2001 detached price in the Colchester local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

12 WILKIN DRIVE Sold Prices

Land registry data shows two sales for 12 WILKIN 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. Both of the two 12 WILKIN DRIVE 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
2001 16 FEB	£116,000	£151,676	24% below HPI
1999 24 SEP	£99,600	£123,279	19% below HPI

12 WILKIN 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 12 WILKIN DRIVE sales from September 1999 and February 2001 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 September 1999 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2001 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 12 WILKIN DRIVE?

12 WILKIN DRIVE is 84m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 30% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 12 WILKIN DRIVE lies on this distribution: 22% of detached houses are smaller than 12 WILKIN DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

12 WILKIN DRIVE: Plot and Title Map

12 WILKIN DRIVE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 12 WILKIN 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 12 WILKIN 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 12 WILKIN DRIVE?

12 WILKIN DRIVE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 12 on WILKIN DRIVE.