11, CHERRYWOOD DRIVE, COLCHESTER, CO3 4LU - £365,000

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

11 CHERRYWOOD DRIVE is a midsized extended detached house of 104m², built sometime between 1967 and 1975. It was last sold for £365,000 in September 2016, which was around 10% below the average September 2016 detached price in the Colchester local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was C.

11 CHERRYWOOD DRIVE Sold Prices

Land registry data shows two sales for 11 CHERRYWOOD 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 11 CHERRYWOOD 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
2016 9 SEP	£365,000	£405,861	10% below HPI
2015 10 JUL	£300,000	£349,277	14% below HPI

11 CHERRYWOOD 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 11 CHERRYWOOD DRIVE sales from July 2015 and September 2016 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 July 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2016 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 11 CHERRYWOOD DRIVE?

11 CHERRYWOOD DRIVE is 104m², which includes one extension, according to the EPC inspection conducted in January 2017. 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 11 CHERRYWOOD DRIVE lies on this distribution: 42% of detached houses are smaller than 11 CHERRYWOOD DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Colchester.

11 CHERRYWOOD DRIVE: Plot and Title Map

11 CHERRYWOOD DRIVE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 11 CHERRYWOOD 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 11 CHERRYWOOD 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 11 CHERRYWOOD DRIVE?

11 CHERRYWOOD DRIVE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 11 on CHERRYWOOD DRIVE.