49, SPRINGHAM DRIVE, COLCHESTER, CO4 5FN - £220,000

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 SPRINGHAM DRIVE is a large extended detached house of 122m², built sometime between 2003 and 2006. It was last sold for £220,000 in December 2013, which was around 27% below the average December 2013 detached price in the Colchester local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

49 SPRINGHAM DRIVE Sold Prices

Land registry data shows four sales for 49 SPRINGHAM 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 SPRINGHAM 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
2013 20 DEC	£220,000	£302,483	27% below HPI
2010 30 JUN	£200,000	£280,646	29% below HPI
2006 10 OCT	£215,750	£287,861	25% below HPI
2004 16 DEC	£215,000	£265,516	19% below HPI

49 SPRINGHAM 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 SPRINGHAM DRIVE sales between December 2004 and December 2013 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 June 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2013 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 49 SPRINGHAM DRIVE?

49 SPRINGHAM DRIVE is 122m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the largest 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 49 SPRINGHAM DRIVE lies on this distribution: 61% of detached houses are smaller than 49 SPRINGHAM DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Colchester.

49 SPRINGHAM DRIVE: Plot and Title Map

49 SPRINGHAM DRIVE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 49 SPRINGHAM 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 SPRINGHAM 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 SPRINGHAM DRIVE?

49 SPRINGHAM DRIVE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 49 on SPRINGHAM DRIVE.