12, WALNUT DRIVE, MILE END, COLCHESTER, CO4 5ES - £508,000

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 WALNUT DRIVE is a very large detached house of 154m², built sometime between 2003 and 2006. It was last sold for £508,000 in November 2020, which was around 12% above the average November 2020 detached price in the Colchester local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

12 WALNUT DRIVE Sold Prices

Land registry data shows two sales for 12 WALNUT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 12 WALNUT DRIVE sales 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
2020 26 NOV	£508,000	£454,919	12% above HPI
2007 11 MAY	£345,000	£295,774	17% above HPI

12 WALNUT 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 two 12 WALNUT DRIVE sales from May 2007 and November 2020 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 May 2007 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2020 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 12 WALNUT DRIVE?

12 WALNUT DRIVE is 154m² according to the EPC inspection conducted in August 2017. This puts it in the largest 20% 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 WALNUT DRIVE lies on this distribution: 82% of detached houses are smaller than 12 WALNUT DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Colchester.

12 WALNUT DRIVE: Plot and Title Map

12 WALNUT DRIVE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 12 WALNUT 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 WALNUT 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 WALNUT DRIVE?

12 WALNUT DRIVE is located in MILE END, in the CO4 postcode district. The below map shows the position of No. 12 on WALNUT DRIVE.