231, AXIAL DRIVE, COLCHESTER, CO4 5YJ - £435,000

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

231 AXIAL DRIVE is a very large extended detached house of 198m², built sometime from 2012 onwards. It was last sold for £435,000 in March 2024, which was around 11% below the average March 2024 detached price in the Colchester local authority area. The most recent EPC inspection was December 2023, where the current energy rating was B, and the potential energy rating was B.

231 AXIAL DRIVE Sold Prices

Land registry data shows two sales for 231 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. Both of the two 231 AXIAL 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 8 MAR	£435,000	£488,997	11% below HPI
2012 31 MAY	£274,495	£281,618	3% below HPI

231 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 231 AXIAL DRIVE sales from May 2012 and March 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 May 2012 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2024 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 231 AXIAL DRIVE?

231 AXIAL DRIVE is 198m², which includes one extension, according to the EPC inspection conducted in December 2023. This puts it in the largest 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 231 AXIAL DRIVE lies on this distribution: 94% of detached houses are smaller than 231 AXIAL DRIVE, and 5% of houses are larger. Note that EPC data is not available for all properties in Colchester.

231 AXIAL DRIVE: Plot and Title Map

231 AXIAL DRIVE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 231 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 231 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 231 AXIAL DRIVE?

231 AXIAL DRIVE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 231 on AXIAL DRIVE.