5, GAGER DRIVE, TIPTREE, COLCHESTER, CO5 0HU - £330,000

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

5 GAGER DRIVE is a very large extended detached house of 170m², built sometime between 1967 and 1975. It was last sold for £330,000 in September 2014, which was around 1% above the average September 2014 detached price in the Colchester local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

5 GAGER DRIVE Sold Prices

Land registry data shows two sales for 5 GAGER DRIVE 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. One of the two 5 GAGER DRIVE sales was for above the average price, whilst the other was 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
2014 19 SEP	£330,000	£327,175	1% above HPI
2006 4 JAN	£250,000	£274,085	9% below HPI

5 GAGER 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 two 5 GAGER DRIVE sales from January 2006 and September 2014 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 January 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2014 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 5 GAGER DRIVE?

5 GAGER DRIVE is 170m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 20% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 5 GAGER DRIVE lies on this distribution: 88% of detached houses are smaller than 5 GAGER DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

5 GAGER DRIVE: Plot and Title Map

5 GAGER DRIVE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 5 GAGER 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 5 GAGER 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 5 GAGER DRIVE?

5 GAGER DRIVE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 5 on GAGER DRIVE.