12, BRAITHWAITE DRIVE, COLCHESTER, CO4 5XG - £405,000

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

12 BRAITHWAITE DRIVE is a small extended detached house of 90m², built sometime between 1996 and 2002. It was last sold for £405,000 in May 2023, which was around 21% below the average May 2023 detached price in the Colchester local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

12 BRAITHWAITE DRIVE Sold Prices

Land registry data shows three sales for 12 BRAITHWAITE 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 12 BRAITHWAITE 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
2023 5 MAY	£405,000	£511,964	21% below HPI
2017 16 JUN	£335,000	£422,755	21% below HPI
2003 22 AUG	£176,000	£236,145	25% below HPI

12 BRAITHWAITE 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 12 BRAITHWAITE DRIVE sales between August 2003 and May 2023 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 June 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2023 sale, which was also at 21% below the HPI.

How Large is 12 BRAITHWAITE DRIVE?

12 BRAITHWAITE DRIVE is 90m², which includes two extensions, according to the EPC inspection conducted in February 2023. 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 12 BRAITHWAITE DRIVE lies on this distribution: 26% of detached houses are smaller than 12 BRAITHWAITE DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Colchester.

12 BRAITHWAITE DRIVE: Plot and Title Map

12 BRAITHWAITE DRIVE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 12 BRAITHWAITE 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 12 BRAITHWAITE 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 12 BRAITHWAITE DRIVE?

12 BRAITHWAITE DRIVE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 12 on BRAITHWAITE DRIVE.