38, SEPTIMUS DRIVE, HIGHWOODS, COLCHESTER, CO4 9ET - £397,000

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

38 SEPTIMUS DRIVE is a very large detached house of 168m², built sometime between 2003 and 2006. It was last sold for £397,000 in October 2014, which was around 19% above the average October 2014 detached price in the Colchester local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

38 SEPTIMUS DRIVE Sold Prices

Land registry data shows two sales for 38 SEPTIMUS 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 38 SEPTIMUS 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
2014 9 OCT	£397,000	£333,306	19% above HPI
2003 31 OCT	£335,000	£235,767	42% above HPI

38 SEPTIMUS 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 38 SEPTIMUS DRIVE sales from October 2003 and October 2014 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 2003 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the October 2014 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 38 SEPTIMUS DRIVE?

38 SEPTIMUS DRIVE is 168m² according to the EPC inspection conducted in June 2014. This puts it in the largest 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 38 SEPTIMUS DRIVE lies on this distribution: 88% of detached houses are smaller than 38 SEPTIMUS DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Colchester.

38 SEPTIMUS DRIVE: Plot and Title Map

38 SEPTIMUS DRIVE sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of 38 SEPTIMUS 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 38 SEPTIMUS 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 38 SEPTIMUS DRIVE?

38 SEPTIMUS DRIVE is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 38 on SEPTIMUS DRIVE.