20, MAGNUS DRIVE, COLCHESTER, CO4 9WQ - £217,000

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.

20 MAGNUS DRIVE is a very small detached house of 82m², built sometime between 2003 and 2006, which could now be worth an estimated £381,838. It was last sold for £217,000 in August 2010, which was around 24% below the average August 2010 detached price in the Colchester local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

20 MAGNUS DRIVE Sold Prices

Land registry data shows two sales for 20 MAGNUS 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 20 MAGNUS 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
2010 6 AUG	£217,000	£285,426	24% below HPI
2003 28 MAR	£205,000	£227,883	10% below HPI

20 MAGNUS 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 20 MAGNUS DRIVE sales from March 2003 and August 2010 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 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2010 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 20 MAGNUS DRIVE be worth now?

20 MAGNUS DRIVE might now be worth an estimated £381,838.

This is based on house price inflation of 76%, between August 2010 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 76% inflationary increase is applied to the most recent sale price for 20 MAGNUS DRIVE of £217,000 on 6th August 2010. For the value to have increased from £217,000 to £381,838 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of 20 MAGNUS DRIVE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The August 2010 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of 20 MAGNUS DRIVE has not materially changed since August 2010.

How Large is 20 MAGNUS DRIVE?

20 MAGNUS DRIVE is 82m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 20% 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 20 MAGNUS DRIVE lies on this distribution: 17% of detached houses houses are smaller than 20 MAGNUS DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Colchester.

20 MAGNUS DRIVE: Plot and Title Map

20 MAGNUS DRIVE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 20 MAGNUS 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 20 MAGNUS 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 20 MAGNUS DRIVE?

20 MAGNUS DRIVE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 20 on MAGNUS DRIVE.