1, PARR DRIVE, COLCHESTER, CO3 9EN - £212,000

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 PARR DRIVE is a very small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £212,000 in December 2009, which was around 22% below the average December 2009 detached price in the Colchester local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was D.

1 PARR DRIVE Sold Prices

Land registry data shows four sales for 1 PARR DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 1 PARR 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
2009 22 DEC	£212,000	£271,025	22% below HPI
2006 25 OCT	£200,000	£287,861	31% below HPI
2003 14 FEB	£167,000	£226,727	26% below HPI
2001 9 NOV	£124,000	£176,209	30% below HPI

1 PARR 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 four 1 PARR DRIVE sales between November 2001 and December 2009 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 October 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2009 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 1 PARR DRIVE?

1 PARR DRIVE is 77m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 20% 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 PARR DRIVE lies on this distribution: 11% of detached houses are smaller than 1 PARR DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Colchester.

1 PARR DRIVE: Plot and Title Map

1 PARR DRIVE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 1 PARR 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 PARR 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 PARR DRIVE?

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