2, ACHNACONE DRIVE, COLCHESTER, CO4 5AZ - £525,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 ACHNACONE DRIVE is a large extended detached house of 144m², built sometime between 1967 and 1975, which could now be worth an estimated £599,001. It was last sold for £525,000 in December 2018, which was around 19% above the average December 2018 detached price in the Colchester local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

2 ACHNACONE DRIVE Sold Prices

Land registry data shows two sales for 2 ACHNACONE 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 2 ACHNACONE DRIVE sales were for above 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
2018 13 DEC	£525,000	£440,195	19% above HPI
2007 10 JAN	£350,000	£295,101	19% above HPI

2 ACHNACONE 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 2 ACHNACONE DRIVE sales from January 2007 and December 2018 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 January 2007 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the December 2018 sale, which was also at 19% above the HPI.

What might 2 ACHNACONE DRIVE be worth now?

2 ACHNACONE DRIVE might now be worth an estimated £599,001.

This is based on house price inflation of 14.1%, between December 2018 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.1% inflationary increase is applied to the most recent sale price for 2 ACHNACONE DRIVE of £525,000 on 13th December 2018. For the value to have increased from £525,000 to £599,001 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 ACHNACONE DRIVE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The December 2018 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ACHNACONE DRIVE has not materially changed since December 2018.

How Large is 2 ACHNACONE DRIVE?

2 ACHNACONE DRIVE is 144m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the largest 30% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 2 ACHNACONE DRIVE lies on this distribution: 77% of detached houses houses are smaller than 2 ACHNACONE DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 ACHNACONE DRIVE: Plot and Title Map

2 ACHNACONE DRIVE sits on a plot of roughly 0.179 of an acre, or 725m². The below map shows the location of 2 ACHNACONE 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 2 ACHNACONE 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 2 ACHNACONE DRIVE?

2 ACHNACONE DRIVE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 2 on ACHNACONE DRIVE.