16, SCOTT DRIVE, COLCHESTER, CO3 4JD - £460,000

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

16 SCOTT DRIVE is a very large extended detached house of 155m², built sometime between 1950 and 1966. It was last sold for £460,000 in July 2016, which was around 18% above the average July 2016 detached price in the Colchester local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

16 SCOTT DRIVE Sold Prices

Land registry data shows two sales for 16 SCOTT 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. One of the two 16 SCOTT DRIVE sales was for above the average price, whilst the other was 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
2016 12 JUL	£460,000	£389,996	18% above HPI
2007 30 APR	£290,000	£292,392	1% below HPI

16 SCOTT 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 16 SCOTT DRIVE sales from April 2007 and July 2016 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 April 2007 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2016 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 16 SCOTT DRIVE?

16 SCOTT DRIVE is 155m², which includes three extensions, according to the EPC inspection conducted in June 2016. 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 16 SCOTT DRIVE lies on this distribution: 83% of detached houses are smaller than 16 SCOTT DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Colchester.

16 SCOTT DRIVE: Plot and Title Map

16 SCOTT DRIVE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 16 SCOTT 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 16 SCOTT 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 16 SCOTT DRIVE?

16 SCOTT DRIVE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 16 on SCOTT DRIVE.