3, WALNUT DRIVE, MILE END, COLCHESTER, CO4 5ES - £506,500

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

3 WALNUT DRIVE is a large detached house of 145m², built sometime between 2003 and 2006. It was last sold for £506,500 in February 2021, which was around 14% above the average February 2021 detached price in the Colchester local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

3 WALNUT DRIVE Sold Prices

Land registry data shows three sales for 3 WALNUT 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 3 WALNUT DRIVE sales were 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
2021 26 FEB	£506,500	£442,770	14% above HPI
2009 14 AUG	£330,000	£259,659	27% above HPI
2006 31 JUL	£345,000	£279,139	24% above HPI

3 WALNUT 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 3 WALNUT DRIVE sales between July 2006 and February 2021 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 2009 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the February 2021 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 3 WALNUT DRIVE?

3 WALNUT DRIVE is 145m² according to the EPC inspection conducted in July 2020. This puts it in the largest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 3 WALNUT DRIVE lies on this distribution: 78% of detached houses are smaller than 3 WALNUT DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 WALNUT DRIVE: Plot and Title Map

3 WALNUT DRIVE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 3 WALNUT 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 3 WALNUT 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 3 WALNUT DRIVE?

3 WALNUT DRIVE is located in MILE END, in the CO4 postcode district. The below map shows the position of No. 3 on WALNUT DRIVE.