4, EASTWOOD DRIVE, HIGHWOODS, COLCHESTER, CO4 9EB - £475,000

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

4 EASTWOOD DRIVE is a midsized detached house of 111m², built sometime between 1967 and 1975. It was last sold for £475,000 in October 2023, which was around 4% below the average October 2023 detached price in the Colchester local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

4 EASTWOOD DRIVE Sold Prices

Land registry data shows two sales for 4 EASTWOOD 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 4 EASTWOOD 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 20 OCT	£475,000	£496,526	4% below HPI
2002 13 DEC	£198,000	£224,803	12% below HPI

4 EASTWOOD 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 4 EASTWOOD DRIVE sales from December 2002 and October 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 December 2002 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2023 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 4 EASTWOOD DRIVE?

4 EASTWOOD DRIVE is 111m² according to the EPC inspection conducted in July 2022. This puts it in the largest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 4 EASTWOOD DRIVE lies on this distribution: 49% of detached houses are smaller than 4 EASTWOOD DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Colchester.

4 EASTWOOD DRIVE: Plot and Title Map

4 EASTWOOD DRIVE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 4 EASTWOOD 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 4 EASTWOOD 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 4 EASTWOOD DRIVE?

4 EASTWOOD DRIVE is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 4 on EASTWOOD DRIVE.