32, HEATON WAY, TIPTREE, COLCHESTER, CO5 0DZ - £220,000

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

32 HEATON WAY is a midsized extended detached house of 109m², built sometime between 1967 and 1975. It was last sold for £220,000 in February 2006, which was around 20% below the average February 2006 detached price in the Colchester local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

32 HEATON WAY Sold Prices

Land registry data shows two sales for 32 HEATON WAY 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 32 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
2006 15 FEB	£220,000	£275,510	20% below HPI
1999 2 JUL	£109,000	£120,463	10% below HPI

32 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 two 32 HEATON WAY sales from July 1999 and February 2006 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 July 1999 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2006 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 32 HEATON WAY?

32 HEATON WAY is 109m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 50% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 32 HEATON WAY lies on this distribution: 49% of detached houses are smaller than 32 HEATON WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

32 HEATON WAY: Plot and Title Map

32 HEATON WAY sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 32 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 32 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 32 HEATON WAY?

32 HEATON WAY is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 32 on HEATON WAY.