12, MAXIMUS DRIVE, COLCHESTER, CO4 9YL - £277,500

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 MAXIMUS DRIVE is a large detached house of 149m², built sometime between 1996 and 2002. It was last sold for £277,500 in December 2011, which was around 3% below the average December 2011 detached price in the Colchester local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

12 MAXIMUS DRIVE Sold Prices

Land registry data shows four sales for 12 MAXIMUS 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. two of the four 12 MAXIMUS DRIVE sales were for below the average price, and four were for above 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
2011 1 DEC	£277,500	£286,632	3% below HPI
2009 13 MAR	£250,000	£237,571	5% above HPI
2006 4 SEP	£267,000	£283,645	6% below HPI
2003 20 JUN	£272,750	£233,411	17% above HPI

12 MAXIMUS 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 MAXIMUS DRIVE sales between June 2003 and December 2011 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 2009 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2011 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 12 MAXIMUS DRIVE?

12 MAXIMUS DRIVE is 149m² according to the EPC inspection conducted in July 2011. This puts it in the largest 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 MAXIMUS DRIVE lies on this distribution: 79% of detached houses are smaller than 12 MAXIMUS DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Colchester.

12 MAXIMUS DRIVE: Plot and Title Map

12 MAXIMUS DRIVE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 12 MAXIMUS 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 MAXIMUS 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 MAXIMUS DRIVE?

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