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 FENWICK DRIVE is a large detached house of 123m², built sometime between 2007 and 2011. It was last sold for £425,000 in May 2024, which was around 14% below the average May 2024 detached price in the Colchester local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 2 FENWICK DRIVE since 1st 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 FENWICK 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 |
---|---|---|---|
2024 22 MAY | £425,000 | £496,549 | 14% below HPI |
2006 1 DEC | £250,000 | £292,913 | 15% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 2 FENWICK DRIVE sales from December 2006 and May 2024 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 December 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2024 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
2 FENWICK DRIVE is 123m² according to the EPC inspection conducted in April 2024. 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 2 FENWICK DRIVE lies on this distribution: 62% of detached houses are smaller than 2 FENWICK DRIVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Colchester.
2 FENWICK DRIVE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 2 FENWICK 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 FENWICK 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.
2 FENWICK DRIVE is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 2 on FENWICK DRIVE.