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
24 THORNTON DRIVE is a very small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £230,000 in October 2012, which was around 20% below the average October 2012 detached price in the Colchester local authority area. The most recent EPC inspection was February 2014, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows three sales for 24 THORNTON DRIVE since 1st 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 24 THORNTON 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 |
---|---|---|---|
2012 19 OCT | £230,000 | £288,286 | 20% below HPI |
2000 25 AUG | £116,000 | £145,978 | 21% below HPI |
1996 19 DEC | £85,250 | £91,325 | 7% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 24 THORNTON DRIVE sales between December 1996 and October 2012 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 August 2000 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2012 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
24 THORNTON DRIVE is 81m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 24 THORNTON DRIVE lies on this distribution: 15% of detached houses are smaller than 24 THORNTON DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Colchester.
24 THORNTON DRIVE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 24 THORNTON 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 24 THORNTON 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.
24 THORNTON DRIVE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 24 on THORNTON DRIVE.