18, THORNTON DRIVE, COLCHESTER, CO4 5WB - £423,500

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 THORNTON DRIVE is a very small extended detached house of 76m², built sometime between 1991 and 1995. It was last sold for £423,500 in July 2023, which was around 16% below the average July 2023 detached price in the Colchester local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

18 THORNTON DRIVE Sold Prices

Land registry data shows seven sales for 18 THORNTON DRIVE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the seven 18 THORNTON 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
2023 24 JUL	£423,500	£503,500	16% below HPI
2016 1 APR	£280,000	£375,677	25% below HPI
2015 3 JUL	£250,000	£349,277	28% below HPI
2009 16 JAN	£201,000	£238,566	16% below HPI
2006 15 DEC	£219,995	£292,913	25% below HPI
2003 30 MAY	£164,995	£231,315	29% below HPI
1997 27 JUN	£90,000	£95,840	6% below HPI

18 THORNTON 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 seven 18 THORNTON DRIVE sales between June 1997 and July 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 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2023 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 18 THORNTON DRIVE?

18 THORNTON DRIVE is 76m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 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 18 THORNTON DRIVE lies on this distribution: 10% of detached houses are smaller than 18 THORNTON DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Colchester.

18 THORNTON DRIVE: Plot and Title Map

18 THORNTON DRIVE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 18 THORNTON 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 THORNTON 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 THORNTON DRIVE?

18 THORNTON DRIVE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 18 on THORNTON DRIVE.