31, MAGNOLIA DRIVE, COLCHESTER, CO4 3LQ - £255,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

31 MAGNOLIA DRIVE is a small semi-detached house of 86m², built sometime between 1976 and 1982. It was last sold for £255,000 in May 2022, which was around 49% below the average May 2022 detached price in the Colchester local authority area. The most recent EPC inspection was November 2024, where the current energy rating was C, and the potential energy rating was B.

31 MAGNOLIA DRIVE Sold Prices

Land registry data shows two sales for 31 MAGNOLIA 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 31 MAGNOLIA 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
2022 20 MAY	£255,000	£496,658	49% below HPI
2010 25 JUN	£119,000	£280,646	58% below HPI

31 MAGNOLIA 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 31 MAGNOLIA DRIVE sales from June 2010 and May 2022 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 June 2010 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the May 2022 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 31 MAGNOLIA DRIVE?

31 MAGNOLIA DRIVE is 86m² according to the EPC inspection conducted in November 2024. This puts it in the smallest 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 31 MAGNOLIA DRIVE lies on this distribution: 21% of detached houses are smaller than 31 MAGNOLIA DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Colchester.

31 MAGNOLIA DRIVE: Plot and Title Map

31 MAGNOLIA DRIVE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 31 MAGNOLIA 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 31 MAGNOLIA 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 31 MAGNOLIA DRIVE?

31 MAGNOLIA DRIVE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 31 on MAGNOLIA DRIVE.