40, WILKIN DRIVE, TIPTREE, COLCHESTER, CO5 0QP - £225,000

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

40 WILKIN DRIVE is a midsized detached house of 105m², built sometime between 1996 and 2002. It was last sold for £225,000 in April 2010, which was around 21% below the average April 2010 detached price in the Colchester local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

40 WILKIN DRIVE Sold Prices

Land registry data shows three sales for 40 WILKIN 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. All of the three 40 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
2010 16 APR	£225,000	£283,357	21% below HPI
2003 21 MAR	£179,500	£227,259	21% below HPI
2001 29 JUN	£135,000	£159,369	15% below HPI

40 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 three 40 WILKIN DRIVE sales between June 2001 and April 2010 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 March 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2010 sale, which was also at 21% below the HPI.

How Large is 40 WILKIN DRIVE?

40 WILKIN DRIVE is 105m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 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 40 WILKIN DRIVE lies on this distribution: 43% of detached houses are smaller than 40 WILKIN DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

40 WILKIN DRIVE: Plot and Title Map

40 WILKIN DRIVE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 40 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 40 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 40 WILKIN DRIVE?

40 WILKIN DRIVE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 40 on WILKIN DRIVE.