14, LEETE DRIVE, COLCHESTER, CO1 1FW - £335,000

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

14 LEETE DRIVE is a small detached house of 100m². It was last sold for £335,000 in March 2021, which was around 24% below the average March 2021 detached price in the Colchester local authority area. The most recent EPC inspection was December 2020, where the current energy rating was B, and the potential energy rating was A.

14 LEETE DRIVE Sold Prices

Land registry data shows three sales for 14 LEETE 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. One of the three 14 LEETE DRIVE sales was for below the average price, whilst two 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
2021 12 MAR	£335,000	£438,624	24% below HPI
2020 30 JUL	£5,585,255	£430,324	1198% above HPI
2019 30 JUL	£7,485,907	£436,896	1613% above HPI

14 LEETE 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 LEETE DRIVE sales between July 2019 and March 2021 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 July 2020 sale was for 1198% above the HPI. So the extrapolation line tracks at 1198% above the HPI over time, until the March 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 14 LEETE DRIVE?

14 LEETE DRIVE is 100m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 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 14 LEETE DRIVE lies on this distribution: 37% of detached houses are smaller than 14 LEETE DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Colchester.

14 LEETE DRIVE: Plot and Title Map

14 LEETE DRIVE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 14 LEETE 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 LEETE 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 LEETE DRIVE?

14 LEETE DRIVE is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 14 on LEETE DRIVE.