23, PLOUGH DRIVE, COLCHESTER, CO3 4NX - £340,000

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

23 PLOUGH DRIVE is a midsized extended detached house of 103m², built sometime between 1950 and 1966. It was last sold for £340,000 in August 2019, which was around 23% below the average August 2019 detached price in the Colchester local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

23 PLOUGH DRIVE Sold Prices

Land registry data shows three sales for 23 PLOUGH 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 23 PLOUGH 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
2019 22 AUG	£340,000	£440,286	23% below HPI
2014 26 SEP	£295,000	£327,175	10% below HPI
2011 23 FEB	£168,000	£282,105	40% below HPI

23 PLOUGH 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 23 PLOUGH DRIVE sales between February 2011 and August 2019 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 September 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 23 PLOUGH DRIVE?

23 PLOUGH DRIVE is 103m², which includes two extensions, according to the EPC inspection conducted in January 2012. This puts it in the smallest 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 23 PLOUGH DRIVE lies on this distribution: 42% of detached houses are smaller than 23 PLOUGH DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Colchester.

23 PLOUGH DRIVE: Plot and Title Map

23 PLOUGH DRIVE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 23 PLOUGH 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 23 PLOUGH 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 23 PLOUGH DRIVE?

23 PLOUGH DRIVE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 23 on PLOUGH DRIVE.