14, PARK DRIVE, TIPTREE, COLCHESTER, CO5 0GW - £389,995

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 PARK DRIVE is a very large extended detached house of 188m², built sometime between 2003 and 2006. It was last sold for £389,995 in September 2010, which was around 35% above the average September 2010 detached price in the Colchester local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

14 PARK DRIVE Sold Prices

Land registry data shows two sales for 14 PARK 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 14 PARK DRIVE sales were 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
2010 3 SEP	£389,995	£287,894	35% above HPI
2006 26 MAY	£368,500	£279,792	32% above HPI

14 PARK 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 14 PARK DRIVE sales from May 2006 and September 2010 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 May 2006 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the September 2010 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 14 PARK DRIVE?

14 PARK DRIVE is 188m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the largest 10% 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 PARK DRIVE lies on this distribution: 92% of detached houses are smaller than 14 PARK DRIVE, and 8% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

14 PARK DRIVE: Plot and Title Map

14 PARK DRIVE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 14 PARK 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 14 PARK 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 14 PARK DRIVE?

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