32, CRAVEN DRIVE, COLCHESTER, CO4 9BE - £375,000

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 CRAVEN DRIVE is a large extended detached house of 133m², built sometime between 1983 and 1990. It was last sold for £375,000 in October 2017, which was around 14% below the average October 2017 detached price in the Colchester local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

32 CRAVEN DRIVE Sold Prices

Land registry data shows three sales for 32 CRAVEN 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 CRAVEN 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
2017 5 OCT	£375,000	£433,691	14% below HPI
2013 2 OCT	£240,000	£303,998	21% below HPI
1995 12 JAN	£79,000	£94,722	17% below HPI

32 CRAVEN 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 CRAVEN DRIVE sales between January 1995 and October 2017 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 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2017 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 32 CRAVEN DRIVE?

32 CRAVEN DRIVE is 133m², which includes two extensions, according to the EPC inspection conducted in May 2022. 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 32 CRAVEN DRIVE lies on this distribution: 70% of detached houses are smaller than 32 CRAVEN DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Colchester.

32 CRAVEN DRIVE: Plot and Title Map

32 CRAVEN DRIVE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 32 CRAVEN 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 CRAVEN 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 CRAVEN DRIVE?

32 CRAVEN DRIVE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 32 on CRAVEN DRIVE.