14, FIRSTORE DRIVE, COLCHESTER, CO3 9EA - £495,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

14 FIRSTORE DRIVE is a large extended detached house of 146m², built sometime between 1976 and 1982. It was last sold for £495,000 in October 2022, which was around 5% below the average October 2022 detached price in the Colchester local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

14 FIRSTORE DRIVE Sold Prices

Land registry data shows three sales for 14 FIRSTORE 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. Two of the three 14 FIRSTORE DRIVE sales were for below the average price, whilst one was 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
2022 26 OCT	£495,000	£521,058	5% below HPI
2007 3 JAN	£270,000	£294,293	8% below HPI
1997 28 JAN	£97,750	£91,736	7% above HPI

14 FIRSTORE 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 FIRSTORE DRIVE sales between January 1997 and October 2022 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 January 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 14 FIRSTORE DRIVE?

14 FIRSTORE DRIVE is 146m², which includes two extensions, according to the EPC inspection conducted in May 2022. 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 14 FIRSTORE DRIVE lies on this distribution: 78% of detached houses are smaller than 14 FIRSTORE DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Colchester.

14 FIRSTORE DRIVE: Plot and Title Map

14 FIRSTORE DRIVE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 14 FIRSTORE 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 FIRSTORE 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 FIRSTORE DRIVE?

14 FIRSTORE DRIVE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 14 on FIRSTORE DRIVE.