24, WILKIN DRIVE, TIPTREE, COLCHESTER, CO5 0QP - £370,000

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

24 WILKIN DRIVE is a large extended semi-detached house of 144m², built sometime between 1996 and 2002, which could now be worth an estimated £477,475. It was last sold for £370,000 in August 2016, which was around 44% above the average August 2016 semi-detached price in the Colchester local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was C.

24 WILKIN DRIVE Sold Prices

Land registry data shows three sales for 24 WILKIN DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. All of the three 24 WILKIN 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
2016 24 AUG	£370,000	£256,678	44% above HPI
2002 11 OCT	£197,000	£133,701	47% above HPI
1999 19 NOV	£130,000	£78,027	67% above HPI

24 WILKIN DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The three 24 WILKIN DRIVE sales between November 1999 and August 2016 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 October 2002 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the August 2016 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 24 WILKIN DRIVE be worth now?

24 WILKIN DRIVE might now be worth an estimated £477,475.

This is based on house price inflation of 29%, between August 2016 and February 2025, for semi-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 29% inflationary increase is applied to the most recent sale price for 24 WILKIN DRIVE of £370,000 on 24th August 2016. For the value to have increased from £370,000 to £477,475 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 24 WILKIN DRIVE has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The August 2016 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 24 WILKIN DRIVE has not materially changed since August 2016.

How Large is 24 WILKIN DRIVE?

24 WILKIN DRIVE is 144m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 30% of semi-detached houses houses in Tiptree, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Tiptree, and where 24 WILKIN DRIVE lies on this distribution: 76% of semi-detached houses houses are smaller than 24 WILKIN DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

24 WILKIN DRIVE: Plot and Title Map

24 WILKIN DRIVE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 24 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 24 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 24 WILKIN DRIVE?

24 WILKIN DRIVE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 24 on WILKIN DRIVE.