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

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.

4 SECUNDUS DRIVE is a large detached house of 126m², built sometime from 2007 onwards, which could now be worth an estimated £394,194. It was last sold for £340,000 in June 2019, which was around 22% 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	£433,194	22% below HPI
2014 18 NOV	£280,000	£335,551	17% below HPI
2006 15 DEC	£260,000	£293,718	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 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 4 SECUNDUS DRIVE be worth now?

4 SECUNDUS DRIVE might now be worth an estimated £394,194.

This is based on house price inflation of 15.9%, between June 2019 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 15.9% inflationary increase is applied to the most recent sale price for 4 SECUNDUS DRIVE of £340,000 on 5th June 2019. For the value to have increased from £340,000 to £394,194 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 4 SECUNDUS DRIVE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The June 2019 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SECUNDUS DRIVE has not materially changed since June 2019.

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 houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 4 SECUNDUS DRIVE lies on this distribution: 65% of detached houses 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.