5, EDWARD MARKE DRIVE, LANGENHOE, COLCHESTER, CO5 7LP - £560,000

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 EDWARD MARKE DRIVE is a midsized detached house of 135m², built sometime between 1991 and 1995. It was last sold for £560,000 in June 2022, which was around 11% above the average June 2022 detached price in the Colchester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

5 EDWARD MARKE DRIVE Sold Prices

Land registry data shows three sales for 5 EDWARD MARKE 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. Two of the three 5 EDWARD MARKE DRIVE sales were for above the average price, whilst one was 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 20 JUN	£560,000	£504,008	11% above HPI
2007 16 FEB	£290,000	£294,497	2% below HPI
2003 1 SEP	£250,000	£237,303	5% above HPI

5 EDWARD MARKE 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 EDWARD MARKE DRIVE sales between September 2003 and June 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 February 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2022 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 5 EDWARD MARKE DRIVE?

5 EDWARD MARKE DRIVE is 135m² according to the EPC inspection conducted in March 2022. This puts it in the largest 50% of detached houses in Abberton, based on EPC data. The below chart shows the distribution of detached houses by size in Abberton, and where 5 EDWARD MARKE DRIVE lies on this distribution: 55% of detached houses are smaller than 5 EDWARD MARKE DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Abberton.

5 EDWARD MARKE DRIVE: Plot and Title Map

5 EDWARD MARKE DRIVE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 5 EDWARD MARKE 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 EDWARD MARKE 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 EDWARD MARKE DRIVE?

5 EDWARD MARKE DRIVE is located in LANGENHOE, in the CO5 postcode district. The below map shows the position of No. 5 on EDWARD MARKE DRIVE.