5, COHORT DRIVE, COLCHESTER, CO2 9RP - £280,000

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

5 COHORT DRIVE is a small extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £280,000 in November 2013, which was around 8% below the average November 2013 detached price in the Colchester local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

5 COHORT DRIVE Sold Prices

Land registry data shows three sales for 5 COHORT 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 5 COHORT 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 22 NOV	£280,000	£304,252	8% below HPI
2007 22 JUN	£239,995	£298,941	20% below HPI
1997 24 OCT	£89,950	£99,892	10% below HPI

5 COHORT 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 5 COHORT DRIVE sales between October 1997 and November 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 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2013 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 5 COHORT DRIVE?

5 COHORT DRIVE is 98m², which includes one extension, according to the EPC inspection conducted in July 2012. 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 5 COHORT DRIVE lies on this distribution: 35% of detached houses are smaller than 5 COHORT DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Colchester.

5 COHORT DRIVE: Plot and Title Map

5 COHORT DRIVE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 5 COHORT 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 5 COHORT 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 5 COHORT DRIVE?

5 COHORT DRIVE is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 5 on COHORT DRIVE.