49, OAKS DRIVE, COLCHESTER, CO3 3PS - £510,000

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

49 OAKS DRIVE is a large extended detached house of 149m², built sometime between 1950 and 1966. It was last sold for £510,000 in December 2020, which was around 12% above the average December 2020 detached price in the Colchester local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

49 OAKS DRIVE Sold Prices

Land registry data shows four sales for 49 OAKS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 49 OAKS DRIVE sales were for above 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 4 DEC	£510,000	£456,805	12% above HPI
2013 4 JAN	£390,000	£289,818	35% above HPI
2012 26 JAN	£368,000	£288,326	28% above HPI
1998 6 APR	£125,000	£107,269	17% above HPI

49 OAKS 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 four 49 OAKS DRIVE sales between April 1998 and December 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 January 2013 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the December 2020 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 49 OAKS DRIVE?

49 OAKS DRIVE is 149m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the largest 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 49 OAKS DRIVE lies on this distribution: 79% of detached houses are smaller than 49 OAKS DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Colchester.

49 OAKS DRIVE: Plot and Title Map

49 OAKS DRIVE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 49 OAKS 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 49 OAKS 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 49 OAKS DRIVE?

49 OAKS DRIVE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 49 on OAKS DRIVE.