2, FIRSTORE DRIVE, COLCHESTER, CO3 9EA - £365,000

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 FIRSTORE DRIVE is a midsized detached house of 113m², built sometime between 1976 and 1982. It was last sold for £365,000 in June 2018, which was around 16% below the average June 2018 detached price in the Colchester local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

2 FIRSTORE DRIVE Sold Prices

Land registry data shows three sales for 2 FIRSTORE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 2 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
2018 8 JUN	£365,000	£432,030	16% below HPI
2012 12 DEC	£250,000	£290,154	14% below HPI
2010 22 OCT	£237,000	£289,614	18% below HPI

2 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 three 2 FIRSTORE DRIVE sales between October 2010 and June 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 December 2012 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2018 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 2 FIRSTORE DRIVE?

2 FIRSTORE DRIVE is 113m² according to the EPC inspection conducted in October 2017. This puts it in the largest 50% 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 FIRSTORE DRIVE lies on this distribution: 52% of detached houses are smaller than 2 FIRSTORE DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 FIRSTORE DRIVE: Plot and Title Map

2 FIRSTORE DRIVE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 2 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 2 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 2 FIRSTORE DRIVE?

2 FIRSTORE DRIVE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 2 on FIRSTORE DRIVE.