32, COTTAGE DRIVE, COLCHESTER, CO2 8DE - £275,000

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

32 COTTAGE DRIVE is a very small extended detached house of 83m², built sometime between 1950 and 1966. It was last sold for £275,000 in November 2023, which was around 45% below the average November 2023 detached price in the Colchester local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

32 COTTAGE DRIVE Sold Prices

Land registry data shows three sales for 32 COTTAGE 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 32 COTTAGE 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
2023 7 NOV	£275,000	£501,864	45% below HPI
2005 3 OCT	£170,000	£268,420	37% below HPI
1999 22 JAN	£76,000	£113,809	33% below HPI

32 COTTAGE 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 32 COTTAGE DRIVE sales between January 1999 and November 2023 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 October 2005 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2023 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 32 COTTAGE DRIVE?

32 COTTAGE DRIVE is 83m², which includes one extension, according to the EPC inspection conducted in June 2021. 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 32 COTTAGE DRIVE lies on this distribution: 17% of detached houses are smaller than 32 COTTAGE DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Colchester.

32 COTTAGE DRIVE: Plot and Title Map

32 COTTAGE DRIVE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 32 COTTAGE 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 32 COTTAGE 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 32 COTTAGE DRIVE?

32 COTTAGE DRIVE is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 32 on COTTAGE DRIVE.