118, TOLLGATE DRIVE, STANWAY, COLCHESTER, CO3 0PR - £340,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

118 TOLLGATE DRIVE is a small detached house of 90m², built sometime between 1976 and 1982. It was last sold for £340,000 in December 2021, which was around 30% below the average December 2021 detached price in the Colchester local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

118 TOLLGATE DRIVE Sold Prices

Land registry data shows four sales for 118 TOLLGATE 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 118 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
2021 3 DEC	£340,000	£483,413	30% below HPI
2003 29 SEP	£176,000	£237,303	26% below HPI
2001 3 AUG	£112,500	£167,800	33% below HPI
1999 7 MAY	£81,000	£113,788	29% below HPI

118 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 four 118 TOLLGATE DRIVE sales between May 1999 and December 2021 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 September 2003 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 118 TOLLGATE DRIVE?

118 TOLLGATE DRIVE is 90m² according to the EPC inspection conducted in August 2021. 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 118 TOLLGATE DRIVE lies on this distribution: 26% of detached houses are smaller than 118 TOLLGATE DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Colchester.

118 TOLLGATE DRIVE: Plot and Title Map

118 TOLLGATE DRIVE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 118 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 118 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 118 TOLLGATE DRIVE?

118 TOLLGATE DRIVE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 118 on TOLLGATE DRIVE.