58, WILKIN DRIVE, TIPTREE, COLCHESTER, CO5 0QP - £325,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

58 WILKIN DRIVE is a small extended detached house of 99m², built sometime between 1996 and 2002. It was last sold for £325,000 in May 2023, which was around 37% below the average May 2023 detached price in the Colchester local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

58 WILKIN DRIVE Sold Prices

Land registry data shows two sales for 58 WILKIN 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. Both of the two 58 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
2023 31 MAY	£325,000	£511,964	37% below HPI
2000 30 JUN	£116,995	£143,838	19% below HPI

58 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 two 58 WILKIN DRIVE sales from June 2000 and May 2023 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 June 2000 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2023 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 58 WILKIN DRIVE?

58 WILKIN DRIVE is 99m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where 58 WILKIN DRIVE lies on this distribution: 37% of detached houses are smaller than 58 WILKIN DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

58 WILKIN DRIVE: Plot and Title Map

58 WILKIN DRIVE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 58 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 58 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 58 WILKIN DRIVE?

58 WILKIN DRIVE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 58 on WILKIN DRIVE.