116, TOLLGATE DRIVE, STANWAY, COLCHESTER, CO3 0PR - £315,000

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

116 TOLLGATE DRIVE is a small detached house of 89m², built sometime between 1976 and 1982. It was last sold for £315,000 in July 2019, which was around 28% below the average July 2019 detached price in the Colchester local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

116 TOLLGATE DRIVE Sold Prices

Land registry data shows three sales for 116 TOLLGATE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 116 TOLLGATE 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
2019 18 JUL	£315,000	£436,896	28% below HPI
2005 15 JUL	£179,000	£268,859	33% below HPI
2002 31 MAY	£118,000	£187,592	37% below HPI

116 TOLLGATE 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 three 116 TOLLGATE DRIVE sales between May 2002 and July 2019 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 2005 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2019 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 116 TOLLGATE DRIVE?

116 TOLLGATE DRIVE is 89m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 116 TOLLGATE DRIVE lies on this distribution: 25% of detached houses are smaller than 116 TOLLGATE DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Colchester.

116 TOLLGATE DRIVE: Plot and Title Map

116 TOLLGATE DRIVE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 116 TOLLGATE 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 116 TOLLGATE 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 116 TOLLGATE DRIVE?

116 TOLLGATE DRIVE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 116 on TOLLGATE DRIVE.