12, CORUNNA DRIVE, COLCHESTER, CO2 9GJ - £410,000

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 CORUNNA DRIVE is a large detached house of 122m², built sometime between 2007 and 2011. It was last sold for £410,000 in January 2023, which was around 22% below the average January 2023 detached price in the Colchester local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

12 CORUNNA DRIVE Sold Prices

Land registry data shows four sales for 12 CORUNNA 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 12 CORUNNA 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 11 JAN	£410,000	£525,879	22% below HPI
2017 15 DEC	£322,500	£435,048	26% below HPI
2015 6 NOV	£275,000	£370,392	26% below HPI
2011 31 MAR	£235,000	£283,536	17% below HPI

12 CORUNNA 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 12 CORUNNA DRIVE sales between March 2011 and January 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 December 2017 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2023 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 12 CORUNNA DRIVE?

12 CORUNNA DRIVE is 122m² according to the EPC inspection conducted in July 2022. This puts it in the largest 40% 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 CORUNNA DRIVE lies on this distribution: 61% of detached houses are smaller than 12 CORUNNA DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Colchester.

12 CORUNNA DRIVE: Plot and Title Map

12 CORUNNA DRIVE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 12 CORUNNA 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 CORUNNA 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 CORUNNA DRIVE?

12 CORUNNA DRIVE is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 12 on CORUNNA DRIVE.