2, BOLSIN DRIVE, COLCHESTER, CO4 5FE - £380,000

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

2 BOLSIN DRIVE is a large detached house of 135m², built sometime between 2003 and 2006. It was last sold for £380,000 in March 2023, which was around 28% below the average March 2023 detached price in the Colchester local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

2 BOLSIN DRIVE Sold Prices

Land registry data shows four sales for 2 BOLSIN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 2 BOLSIN 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 17 MAR	£380,000	£524,602	28% below HPI
2012 16 MAR	£262,500	£282,204	7% below HPI
2007 29 MAY	£275,000	£295,774	7% below HPI
2004 21 APR	£249,950	£253,052	1% below HPI

2 BOLSIN 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 four 2 BOLSIN DRIVE sales between April 2004 and March 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 March 2012 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 BOLSIN DRIVE?

2 BOLSIN DRIVE is 135m² according to the EPC inspection conducted in June 2022. This puts it in the largest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 2 BOLSIN DRIVE lies on this distribution: 71% of detached houses are smaller than 2 BOLSIN DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 BOLSIN DRIVE: Plot and Title Map

2 BOLSIN DRIVE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 2 BOLSIN 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 BOLSIN 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 BOLSIN DRIVE?

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