53, HEYCROFT WAY, TIPTREE, COLCHESTER, CO5 0DS - £250,000

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

53 HEYCROFT WAY is a midsized detached house of 105m², built sometime between 1967 and 1975. It was last sold for £250,000 in June 2013, which was around 13% below the average June 2013 detached price in the Colchester local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

53 HEYCROFT WAY Sold Prices

Land registry data shows three sales for 53 HEYCROFT WAY 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 53 HEYCROFT 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
2013 19 JUN	£250,000	£288,622	13% below HPI
2003 24 JAN	£177,000	£226,737	22% below HPI
1995 31 MAY	£39,950	£90,235	56% below HPI

53 HEYCROFT 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 three 53 HEYCROFT WAY sales between May 1995 and June 2013 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 2003 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2013 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 53 HEYCROFT WAY?

53 HEYCROFT WAY is 105m² according to the EPC inspection conducted in March 2013. 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 53 HEYCROFT WAY lies on this distribution: 43% of detached houses are smaller than 53 HEYCROFT WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

53 HEYCROFT WAY: Plot and Title Map

53 HEYCROFT WAY sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 53 HEYCROFT 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 53 HEYCROFT 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 53 HEYCROFT WAY?

53 HEYCROFT WAY is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 53 on HEYCROFT WAY.