48, APPRENTICE DRIVE, COLCHESTER, CO4 5SE - £300,000

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

48 APPRENTICE DRIVE is a very small detached house of 77m². It was last sold for £300,000 in November 2017, which was around 31% below the average November 2017 detached price in the Colchester local authority area. The most recent EPC inspection was January 2009, where the current energy rating was B, and the potential energy rating was B.

48 APPRENTICE DRIVE Sold Prices

Land registry data shows three sales for 48 APPRENTICE 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 48 APPRENTICE 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
2017 24 NOV	£300,000	£432,437	31% below HPI
2011 25 NOV	£227,500	£285,979	20% below HPI
2009 11 AUG	£175,000	£259,659	33% below HPI

48 APPRENTICE 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 48 APPRENTICE DRIVE sales between August 2009 and November 2017 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 2011 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 48 APPRENTICE DRIVE?

48 APPRENTICE DRIVE is 77m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 48 APPRENTICE DRIVE lies on this distribution: 11% of detached houses are smaller than 48 APPRENTICE DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Colchester.

48 APPRENTICE DRIVE: Plot and Title Map

48 APPRENTICE DRIVE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 48 APPRENTICE 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 48 APPRENTICE 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 48 APPRENTICE DRIVE?

48 APPRENTICE DRIVE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 48 on APPRENTICE DRIVE.