14, HEATON WAY, TIPTREE, COLCHESTER, CO5 0DZ - £315,000

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

14 HEATON WAY is a large detached house of 122m², built sometime between 1967 and 1975. It was last sold for £315,000 in November 2014, which was around 6% below the average November 2014 detached price in the Colchester local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was C.

14 HEATON WAY Sold Prices

Land registry data shows three sales for 14 HEATON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 14 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
2014 21 NOV	£315,000	£334,632	6% below HPI
2012 21 SEP	£246,000	£288,729	15% below HPI
1996 15 JUL	£83,500	£91,361	9% below HPI

14 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 three 14 HEATON WAY sales between July 1996 and November 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 September 2012 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2014 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 14 HEATON WAY?

14 HEATON WAY is 122m² according to the EPC inspection conducted in May 2010. This puts it in the largest 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 14 HEATON WAY lies on this distribution: 63% of detached houses are smaller than 14 HEATON WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

14 HEATON WAY: Plot and Title Map

14 HEATON WAY sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 14 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 14 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 14 HEATON WAY?

14 HEATON WAY is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 14 on HEATON WAY.