18, FIRSTORE DRIVE, COLCHESTER, CO3 9EA - £295,000

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

18 FIRSTORE DRIVE is a very small detached house of 85m², built sometime between 1983 and 1990. It was last sold for £295,000 in July 2021, which was around 34% below the average July 2021 detached price in the Colchester local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

18 FIRSTORE DRIVE Sold Prices

Land registry data shows two sales for 18 FIRSTORE 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 18 FIRSTORE 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
2021 20 JUL	£295,000	£448,888	34% below HPI
2007 18 SEP	£227,500	£306,812	26% below HPI

18 FIRSTORE 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 18 FIRSTORE DRIVE sales from September 2007 and July 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 September 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 18 FIRSTORE DRIVE?

18 FIRSTORE DRIVE is 85m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 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 18 FIRSTORE DRIVE lies on this distribution: 20% of detached houses are smaller than 18 FIRSTORE DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Colchester.

18 FIRSTORE DRIVE: Plot and Title Map

18 FIRSTORE DRIVE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 18 FIRSTORE 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 18 FIRSTORE 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 18 FIRSTORE DRIVE?

18 FIRSTORE DRIVE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 18 on FIRSTORE DRIVE.