4, TIFFIN DRIVE, TIPTREE, COLCHESTER, CO5 0RZ - £445,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 TIFFIN DRIVE is a small detached house of 102m², built sometime between 1996 and 2002, which could now be worth an estimated £481,852. It was last sold for £445,000 in September 2021, which was around 4% below the average September 2021 detached price in the Colchester local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

4 TIFFIN DRIVE Sold Prices

Land registry data shows three sales for 4 TIFFIN DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. The three 4 TIFFIN DRIVE sales were a mix of below the average price, and roughly equal to 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 28 SEP	£445,000	£463,831	4% below HPI
2006 14 AUG	£273,000	£282,970	4% below HPI
2000 31 AUG	£147,000	£146,379	Close to HPI

4 TIFFIN 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 three 4 TIFFIN DRIVE sales between August 2000 and September 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 August 2006 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2021 sale, which was also at 4% below the HPI.

What might 4 TIFFIN DRIVE be worth now?

4 TIFFIN DRIVE might now be worth an estimated £481,852.

This is based on house price inflation of 8.3%, between September 2021 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 8.3% inflationary increase is applied to the most recent sale price for 4 TIFFIN DRIVE of £445,000 on 28th September 2021. For the value to have increased from £445,000 to £481,852 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 TIFFIN DRIVE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The September 2021 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 4 TIFFIN DRIVE has not materially changed since September 2021.

How Large is 4 TIFFIN DRIVE?

4 TIFFIN DRIVE is 102m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 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 4 TIFFIN DRIVE lies on this distribution: 39% of detached houses houses are smaller than 4 TIFFIN DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

4 TIFFIN DRIVE: Plot and Title Map

4 TIFFIN DRIVE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 4 TIFFIN 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 4 TIFFIN 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 4 TIFFIN DRIVE?

4 TIFFIN DRIVE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 4 on TIFFIN DRIVE.