45, FIRSTORE DRIVE, COLCHESTER, CO3 9EA - £375,000

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

45 FIRSTORE DRIVE is a midsized detached house of 118m², built sometime between 1996 and 2002. It was last sold for £375,000 in August 2022, which was around 27% below the average August 2022 detached price in the Colchester local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

45 FIRSTORE DRIVE Sold Prices

Land registry data shows two sales for 45 FIRSTORE 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 45 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
2022 19 AUG	£375,000	£511,451	27% below HPI
2005 14 OCT	£242,000	£268,420	10% below HPI

45 FIRSTORE 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 45 FIRSTORE DRIVE sales from October 2005 and August 2022 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 October 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 45 FIRSTORE DRIVE?

45 FIRSTORE DRIVE is 118m² according to the EPC inspection conducted in May 2012. 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 45 FIRSTORE DRIVE lies on this distribution: 57% of detached houses are smaller than 45 FIRSTORE DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Colchester.

45 FIRSTORE DRIVE: Plot and Title Map

45 FIRSTORE DRIVE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 45 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 45 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.

Where is 45 FIRSTORE DRIVE?

45 FIRSTORE DRIVE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 45 on FIRSTORE DRIVE.