22, WILKIN DRIVE, TIPTREE, COLCHESTER, CO5 0QP - £249,995

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

22 WILKIN DRIVE is a large extended detached house of 121m², built sometime between 1996 and 2002, which could now be worth an estimated £439,897. It was last sold for £249,995 in August 2010, which was around 12% below the average August 2010 detached price in the Colchester local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

22 WILKIN DRIVE Sold Prices

Land registry data shows four sales for 22 WILKIN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 22 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
2010 20 AUG	£249,995	£285,426	12% below HPI
2004 16 JUN	£249,950	£257,689	3% below HPI
2001 4 APR	£143,000	£155,619	8% below HPI
1999 12 NOV	£107,750	£128,069	16% below HPI

22 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 four 22 WILKIN DRIVE sales between November 1999 and August 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 June 2004 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2010 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 22 WILKIN DRIVE be worth now?

22 WILKIN DRIVE might now be worth an estimated £439,897.

This is based on house price inflation of 76%, between August 2010 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 76% inflationary increase is applied to the most recent sale price for 22 WILKIN DRIVE of £249,995 on 20th August 2010. For the value to have increased from £249,995 to £439,897 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of 22 WILKIN DRIVE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The August 2010 sale price of £249,995 represented a fair market value for the property.
• The size, condition, and specification of 22 WILKIN DRIVE has not materially changed since August 2010.

How Large is 22 WILKIN DRIVE?

22 WILKIN DRIVE is 121m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the largest 40% of detached houses houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tiptree, and where 22 WILKIN DRIVE lies on this distribution: 62% of detached houses houses are smaller than 22 WILKIN DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

22 WILKIN DRIVE: Plot and Title Map

22 WILKIN DRIVE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 22 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 22 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 22 WILKIN DRIVE?

22 WILKIN DRIVE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 22 on WILKIN DRIVE.