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
43 FIRSTORE DRIVE is a small detached house of 95m², built sometime between 1991 and 1995. It was last sold for £190,000 in January 2010, which was around 31% below the average January 2010 detached price in the Colchester local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 43 FIRSTORE DRIVE since 1st 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 43 FIRSTORE 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 |
---|---|---|---|
2010 7 JAN | £190,000 | £275,637 | 31% below HPI |
2004 27 AUG | £173,000 | £261,089 | 34% below HPI |
1996 27 FEB | £79,750 | £88,864 | 10% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 43 FIRSTORE DRIVE sales between February 1996 and January 2010 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 August 2004 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2010 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
43 FIRSTORE DRIVE is 95m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 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 43 FIRSTORE DRIVE lies on this distribution: 32% of detached houses are smaller than 43 FIRSTORE DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Colchester.
43 FIRSTORE DRIVE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 43 FIRSTORE 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 43 FIRSTORE 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.
43 FIRSTORE DRIVE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 43 on FIRSTORE DRIVE.