233, AXIAL DRIVE, COLCHESTER, CO4 5YJ - £420,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

233 AXIAL DRIVE is a very small detached house of 41m², which could now be worth an estimated £467,689. It was last sold for £420,000 in October 2020, which was around 7% below the average October 2020 detached price in the Colchester local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was B.

233 AXIAL DRIVE Sold Prices

Land registry data shows three sales for 233 AXIAL 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. Two of the three 233 AXIAL DRIVE sales were for below the average price, whilst one was for above 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
2020 9 OCT	£420,000	£451,030	7% below HPI
2017 10 MAY	£392,500	£417,672	6% below HPI
2012 28 JUN	£299,395	£285,166	5% above HPI

233 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 three 233 AXIAL DRIVE sales between June 2012 and October 2020 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 2017 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2020 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 233 AXIAL DRIVE be worth now?

233 AXIAL DRIVE might now be worth an estimated £467,689.

This is based on house price inflation of 11.4%, between October 2020 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 11.4% inflationary increase is applied to the most recent sale price for 233 AXIAL DRIVE of £420,000 on 9th October 2020. For the value to have increased from £420,000 to £467,689 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 233 AXIAL DRIVE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The October 2020 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 233 AXIAL DRIVE has not materially changed since October 2020.

How Large is 233 AXIAL DRIVE?

233 AXIAL DRIVE is 41m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% 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 233 AXIAL DRIVE lies on this distribution: Less than 1% of detached houses houses are smaller than 233 AXIAL DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Colchester.

233 AXIAL DRIVE: Plot and Title Map

233 AXIAL DRIVE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 233 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 233 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 233 AXIAL DRIVE?

233 AXIAL DRIVE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 233 on AXIAL DRIVE.