11, JAMES PARNELL DRIVE, COLCHESTER, CO2 8WR - £279,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 JAMES PARNELL DRIVE is a large extended detached house of 117m², built sometime from 2007 onwards. It was last sold for £279,000 in October 2018, which was around 37% below the average October 2018 detached price in the Colchester local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

11 JAMES PARNELL DRIVE Sold Prices

Land registry data shows two sales for 11 JAMES PARNELL 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 JAMES PARNELL 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
2018 31 OCT	£279,000	£439,997	37% below HPI
2007 30 MAR	£249,999	£292,927	15% below HPI

11 JAMES PARNELL 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 JAMES PARNELL DRIVE sales from March 2007 and October 2018 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 March 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2018 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 11 JAMES PARNELL DRIVE?

11 JAMES PARNELL DRIVE is 117m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 40% of detached houses in Berechurch, based on EPC data. The below chart shows the distribution of detached houses by size in Berechurch, and where 11 JAMES PARNELL DRIVE lies on this distribution: 68% of detached houses are smaller than 11 JAMES PARNELL DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Berechurch.

11 JAMES PARNELL DRIVE: Plot and Title Map

11 JAMES PARNELL DRIVE sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 11 JAMES PARNELL 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 JAMES PARNELL 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 JAMES PARNELL DRIVE?

11 JAMES PARNELL DRIVE is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 11 on JAMES PARNELL DRIVE.