34, SHEPHERD DRIVE, COLCHESTER, CO4 5BW - £390,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

34 SHEPHERD DRIVE is a very large detached house of 167m², built sometime between 2003 and 2006, which could now be worth an estimated £453,932. It was last sold for £390,000 in July 2020, which was around 10% below the average July 2020 detached price in the Colchester local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

34 SHEPHERD DRIVE Sold Prices

Land registry data shows two sales for 34 SHEPHERD 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. One of the two 34 SHEPHERD DRIVE sales was for below the average price, whilst the other was 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
2020 3 JUL	£390,000	£431,506	10% below HPI
2004 16 JUL	£289,950	£259,751	12% above HPI

34 SHEPHERD 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 34 SHEPHERD DRIVE sales from July 2004 and July 2020 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 July 2004 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 34 SHEPHERD DRIVE be worth now?

34 SHEPHERD DRIVE might now be worth an estimated £453,932.

This is based on house price inflation of 16.4%, between July 2020 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.4% inflationary increase is applied to the most recent sale price for 34 SHEPHERD DRIVE of £390,000 on 3rd July 2020. For the value to have increased from £390,000 to £453,932 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 34 SHEPHERD DRIVE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The July 2020 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 34 SHEPHERD DRIVE has not materially changed since July 2020.

How Large is 34 SHEPHERD DRIVE?

34 SHEPHERD DRIVE is 167m² according to the EPC inspection conducted in September 2013. This puts it in the largest 20% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 34 SHEPHERD DRIVE lies on this distribution: 88% of detached houses houses are smaller than 34 SHEPHERD DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Colchester.

34 SHEPHERD DRIVE: Plot and Title Map

34 SHEPHERD DRIVE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 34 SHEPHERD 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 34 SHEPHERD 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 34 SHEPHERD DRIVE?

34 SHEPHERD DRIVE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 34 on SHEPHERD DRIVE.