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 MAXIMUS DRIVE is a very large detached house of 181m², built sometime between 1996 and 2002. It was last sold for £430,000 in June 2019, which was about the average June 2019 detached price in the Colchester local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 14 MAXIMUS DRIVE since 1st 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. The four 14 MAXIMUS DRIVE sales were a mix of roughly equal to the average price, and 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 |
---|---|---|---|
2019 28 JUN | £430,000 | £432,007 | Close to HPI |
2015 21 OCT | £395,000 | £364,658 | 8% above HPI |
2010 26 FEB | £310,000 | £277,152 | 12% above HPI |
2002 7 NOV | £250,000 | £223,504 | 12% above HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The four 14 MAXIMUS DRIVE sales between November 2002 and June 2019 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 2015 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.
14 MAXIMUS DRIVE is 181m² according to the EPC inspection conducted in September 2009. This puts it in the largest 10% 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 MAXIMUS DRIVE lies on this distribution: 92% of detached houses are smaller than 14 MAXIMUS DRIVE, and 8% of houses are larger. Note that EPC data is not available for all properties in Colchester.
14 MAXIMUS DRIVE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 14 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 14 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.
14 MAXIMUS DRIVE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 14 on MAXIMUS DRIVE.