42, TOLLGATE DRIVE, STANWAY, COLCHESTER, CO3 0PF - £275,000

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

42 TOLLGATE DRIVE is a small detached house of 89m², built sometime between 1983 and 1990. It was last sold for £275,000 in July 2020, which was around 36% below the average July 2020 detached price in the Colchester local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

42 TOLLGATE DRIVE Sold Prices

Land registry data shows three sales for 42 TOLLGATE 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 42 TOLLGATE 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
2020 15 JUL	£275,000	£430,324	36% below HPI
2007 2 MAY	£193,000	£295,774	35% below HPI
1995 30 JUN	£67,500	£89,745	25% below HPI

42 TOLLGATE 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 42 TOLLGATE DRIVE sales between June 1995 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 May 2007 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2020 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 42 TOLLGATE DRIVE?

42 TOLLGATE DRIVE is 89m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 42 TOLLGATE DRIVE lies on this distribution: 25% of detached houses are smaller than 42 TOLLGATE DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Colchester.

42 TOLLGATE DRIVE: Plot and Title Map

42 TOLLGATE DRIVE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 42 TOLLGATE 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 42 TOLLGATE 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 42 TOLLGATE DRIVE?

42 TOLLGATE DRIVE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 42 on TOLLGATE DRIVE.