229, AXIAL DRIVE, COLCHESTER, CO4 5YJ - £395,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

229 AXIAL DRIVE is a very small detached house of 41m². It was last sold for £395,000 in August 2015, which was around 12% above the average August 2015 detached price in the Colchester local authority area. The most recent EPC inspection was June 2011, where the current energy rating was B, and the potential energy rating was B.

229 AXIAL DRIVE Sold Prices

Land registry data shows two sales for 229 AXIAL 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. One of the two 229 AXIAL DRIVE sales was for above the average price, whilst the other was 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
2015 17 AUG	£395,000	£352,908	12% above HPI
2012 1 MAY	£270,000	£281,618	4% below HPI

229 AXIAL 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 229 AXIAL DRIVE sales from May 2012 and August 2015 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 May 2012 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2015 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 229 AXIAL DRIVE?

229 AXIAL DRIVE is 41m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 229 AXIAL DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 229 AXIAL DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Colchester.

229 AXIAL DRIVE: Plot and Title Map

229 AXIAL DRIVE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 229 AXIAL 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 229 AXIAL 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 229 AXIAL DRIVE?

229 AXIAL DRIVE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 229 on AXIAL DRIVE.