175, MAGNOLIA DRIVE, COLCHESTER, CO4 3LX - £350,000

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

175 MAGNOLIA DRIVE is a large detached house of 126m², built sometime between 1983 and 1990. It was last sold for £350,000 in August 2022, which was around 32% below the average August 2022 detached price in the Colchester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

175 MAGNOLIA DRIVE Sold Prices

Land registry data shows two sales for 175 MAGNOLIA 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. Both of the two 175 MAGNOLIA DRIVE sales were 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
2022 31 AUG	£350,000	£511,451	32% below HPI
2010 31 MAR	£173,000	£283,420	39% below HPI

175 MAGNOLIA 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 175 MAGNOLIA DRIVE sales from March 2010 and August 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 March 2010 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 175 MAGNOLIA DRIVE?

175 MAGNOLIA DRIVE is 126m² according to the EPC inspection conducted in March 2022. 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 175 MAGNOLIA DRIVE lies on this distribution: 65% of detached houses are smaller than 175 MAGNOLIA DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Colchester.

175 MAGNOLIA DRIVE: Plot and Title Map

175 MAGNOLIA DRIVE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 175 MAGNOLIA 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 175 MAGNOLIA 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 175 MAGNOLIA DRIVE?

175 MAGNOLIA DRIVE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 175 on MAGNOLIA DRIVE.