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 KOMODO DRIVE is a midsized detached house of 110m². It was last sold for £470,000 in November 2023, which was around 6% below the average November 2023 detached price in the Colchester local authority area. The most recent EPC inspection was December 2019, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 1 KOMODO DRIVE since 1st 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 KOMODO 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 29 NOV | £470,000 | £501,864 | 6% below HPI |
2019 23 DEC | £350,000 | £425,212 | 18% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 1 KOMODO DRIVE sales from December 2019 and November 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 December 2019 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2023 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.
1 KOMODO DRIVE is 110m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 1 KOMODO DRIVE lies on this distribution: 48% of detached houses are smaller than 1 KOMODO DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Colchester.
1 KOMODO DRIVE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 1 KOMODO 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 KOMODO 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.
1 KOMODO DRIVE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 1 on KOMODO DRIVE.