4, SECUNDUS DRIVE, COLCHESTER, CO2 7TF - £340,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 SECUNDUS DRIVE is a large detached house of 126m², built sometime from 2007 onwards. It was last sold for £340,000 in June 2019, which was around 21% below the average June 2019 detached price in the Colchester local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

4 SECUNDUS DRIVE Sold Prices

Land registry data shows three sales for 4 SECUNDUS 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 4 SECUNDUS 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
2019 5 JUN	£340,000	£432,007	21% below HPI
2014 18 NOV	£280,000	£334,632	16% below HPI
2006 15 DEC	£260,000	£292,913	11% below HPI

4 SECUNDUS 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 4 SECUNDUS DRIVE sales between December 2006 and June 2019 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 November 2014 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 4 SECUNDUS DRIVE?

4 SECUNDUS DRIVE is 126m² according to the EPC inspection conducted in February 2019. This puts it in the largest 40% 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 SECUNDUS DRIVE lies on this distribution: 65% of detached houses are smaller than 4 SECUNDUS DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Colchester.

4 SECUNDUS DRIVE: Plot and Title Map

4 SECUNDUS DRIVE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 4 SECUNDUS 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 SECUNDUS 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 SECUNDUS DRIVE?

4 SECUNDUS DRIVE is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 4 on SECUNDUS DRIVE.