14, CRAVEN DRIVE, COLCHESTER, CO4 9BE - £335,250

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 CRAVEN DRIVE is a small extended detached house of 96m², built sometime between 2003 and 2006, which could now be worth an estimated £381,628. It was last sold for £335,250 in October 2018, which was around 24% below the average October 2018 detached price in the Colchester local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.

14 CRAVEN DRIVE Sold Prices

Land registry data shows three sales for 14 CRAVEN 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 14 CRAVEN 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
2018 1 OCT	£335,250	£441,206	24% below HPI
2012 3 OCT	£210,000	£289,078	27% below HPI
1997 11 AUG	£73,000	£99,788	27% below HPI

14 CRAVEN 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 14 CRAVEN DRIVE sales between August 1997 and October 2018 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 October 2012 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2018 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 14 CRAVEN DRIVE be worth now?

14 CRAVEN DRIVE might now be worth an estimated £381,628.

This is based on house price inflation of 13.8%, between October 2018 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.8% inflationary increase is applied to the most recent sale price for 14 CRAVEN DRIVE of £335,250 on 1st October 2018. For the value to have increased from £335,250 to £381,628 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 14 CRAVEN DRIVE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The October 2018 sale price of £335,250 represented a fair market value for the property.
• The size, condition, and specification of 14 CRAVEN DRIVE has not materially changed since October 2018.

How Large is 14 CRAVEN DRIVE?

14 CRAVEN DRIVE is 96m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 40% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 14 CRAVEN DRIVE lies on this distribution: 33% of detached houses houses are smaller than 14 CRAVEN DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Colchester.

14 CRAVEN DRIVE: Plot and Title Map

14 CRAVEN DRIVE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 14 CRAVEN 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 14 CRAVEN 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 14 CRAVEN DRIVE?

14 CRAVEN DRIVE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 14 on CRAVEN DRIVE.