33, WILKIN DRIVE, TIPTREE, COLCHESTER, CO5 0RS - £365,000

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

33 WILKIN DRIVE is a large extended detached house of 140m², built sometime between 1996 and 2002. It was last sold for £365,000 in May 2024, which was around 26% below the average May 2024 detached price in the Colchester local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

33 WILKIN DRIVE Sold Prices

Land registry data shows four sales for 33 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. One of the four 33 WILKIN DRIVE sales was for below the average price, whilst two 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
2024 3 MAY	£365,000	£496,549	26% below HPI
2011 15 JUL	£283,000	£282,927	Close to HPI
2011 18 MAR	£297,500	£283,536	5% above HPI
2002 15 MAR	£187,950	£181,389	4% above HPI

33 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 33 WILKIN DRIVE sales between March 2002 and May 2024 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 2011 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2024 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 33 WILKIN DRIVE?

33 WILKIN DRIVE is 140m², which includes one extension, according to the EPC inspection conducted in December 2023. This puts it in the largest 30% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 33 WILKIN DRIVE lies on this distribution: 74% of detached houses are smaller than 33 WILKIN DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

33 WILKIN DRIVE: Plot and Title Map

33 WILKIN DRIVE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 33 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 33 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 33 WILKIN DRIVE?

33 WILKIN DRIVE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 33 on WILKIN DRIVE.