1, BRAND DRIVE, LANGENHOE, COLCHESTER, CO5 7LY - £344,000

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

1 BRAND DRIVE is a large extended detached house of 147m², built sometime between 1991 and 1995. It was last sold for £344,000 in July 2014, which was around 7% above the average July 2014 detached price in the Colchester local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

1 BRAND DRIVE Sold Prices

Land registry data shows two sales for 1 BRAND 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 1 BRAND 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 15 JUL	£344,000	£320,393	7% above HPI
1997 28 FEB	£43,700	£91,601	52% below HPI

1 BRAND 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 BRAND DRIVE sales from February 1997 and July 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 February 1997 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the July 2014 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 1 BRAND DRIVE?

1 BRAND DRIVE is 147m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 40% of detached houses in Abberton, based on EPC data. The below chart shows the distribution of detached houses by size in Abberton, and where 1 BRAND DRIVE lies on this distribution: 62% of detached houses are smaller than 1 BRAND DRIVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Abberton.

1 BRAND DRIVE: Plot and Title Map

1 BRAND DRIVE sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of 1 BRAND 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 BRAND 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 BRAND DRIVE?

1 BRAND DRIVE is located in LANGENHOE, in the CO5 postcode district. The below map shows the position of No. 1 on BRAND DRIVE.