29, WILKIN DRIVE, TIPTREE, COLCHESTER, CO5 0RS - £370,000

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

29 WILKIN DRIVE is a small detached house of 95m², built sometime between 1996 and 2002. It was last sold for £370,000 in July 2021, which was around 18% below the average July 2021 detached price in the Colchester local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

29 WILKIN DRIVE Sold Prices

Land registry data shows four sales for 29 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. Most of the four 29 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
2021 20 JUL	£370,000	£448,888	18% below HPI
2010 24 FEB	£219,000	£277,152	21% below HPI
2009 20 NOV	£203,000	£269,579	25% below HPI
1999 3 SEP	£124,000	£123,279	1% above HPI

29 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 29 WILKIN DRIVE sales between September 1999 and July 2021 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 February 2010 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 29 WILKIN DRIVE?

29 WILKIN DRIVE is 95m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 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 29 WILKIN DRIVE lies on this distribution: 33% of detached houses are smaller than 29 WILKIN DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

29 WILKIN DRIVE: Plot and Title Map

29 WILKIN DRIVE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 29 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 29 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 29 WILKIN DRIVE?

29 WILKIN DRIVE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 29 on WILKIN DRIVE.