1, ALTON DRIVE, COLCHESTER, CO3 3ST - £740,000

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.

1 ALTON DRIVE is a small detached house of 102m², built sometime between 1930 and 1949, which could now be worth an estimated £865,864. It was last sold for £740,000 in March 2020, which was around 72% above the average March 2020 detached price in the Colchester local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

1 ALTON DRIVE Sold Prices

Land registry data shows two sales for 1 ALTON 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 1 ALTON DRIVE sales were for above 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
2020 2 MAR	£740,000	£429,235	72% above HPI
2015 26 JUN	£465,000	£346,971	34% above HPI

1 ALTON 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 1 ALTON DRIVE sales from June 2015 and March 2020 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 2015 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the March 2020 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

What might 1 ALTON DRIVE be worth now?

1 ALTON DRIVE might now be worth an estimated £865,864.

This is based on house price inflation of 17%, between March 2020 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 17% inflationary increase is applied to the most recent sale price for 1 ALTON DRIVE of £740,000 on 2nd March 2020. For the value to have increased from £740,000 to £865,864 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 1 ALTON DRIVE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The March 2020 sale price of £740,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ALTON DRIVE has not materially changed since March 2020.

How Large is 1 ALTON DRIVE?

1 ALTON DRIVE is 102m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 1 ALTON DRIVE lies on this distribution: 39% of detached houses houses are smaller than 1 ALTON DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Colchester.

1 ALTON DRIVE: Plot and Title Map

1 ALTON DRIVE sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 1 ALTON 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 1 ALTON 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 1 ALTON DRIVE?

1 ALTON DRIVE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 1 on ALTON DRIVE.