17, CHERRYWOOD DRIVE, COLCHESTER, CO3 4LU - £603,000

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

17 CHERRYWOOD DRIVE is a large extended detached house of 125m², built sometime between 1976 and 1982. It was last sold for £603,000 in August 2023, which was around 20% above the average August 2023 detached price in the Colchester local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

17 CHERRYWOOD DRIVE Sold Prices

Land registry data shows two sales for 17 CHERRYWOOD 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 17 CHERRYWOOD 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
2023 8 AUG	£603,000	£501,841	20% above HPI
2012 24 APR	£249,800	£281,519	11% below HPI

17 CHERRYWOOD 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 17 CHERRYWOOD DRIVE sales from April 2012 and August 2023 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 2012 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2023 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 17 CHERRYWOOD DRIVE?

17 CHERRYWOOD DRIVE is 125m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 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 17 CHERRYWOOD DRIVE lies on this distribution: 64% of detached houses are smaller than 17 CHERRYWOOD DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Colchester.

17 CHERRYWOOD DRIVE: Plot and Title Map

17 CHERRYWOOD DRIVE sits on a plot of roughly 0.188 of an acre, or 761m². The below map shows the location of 17 CHERRYWOOD 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 17 CHERRYWOOD 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 17 CHERRYWOOD DRIVE?

17 CHERRYWOOD DRIVE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 17 on CHERRYWOOD DRIVE.