5, JAMES GORE DRIVE, COLCHESTER, CO2 8WZ - £249,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 JAMES GORE DRIVE is a large detached house of 125m², built sometime between 2007 and 2011. It was last sold for £249,000 in May 2014, which was around 21% below the average May 2014 detached price in the Colchester local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

5 JAMES GORE DRIVE Sold Prices

Land registry data shows two sales for 5 JAMES GORE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 5 JAMES GORE 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
2014 27 MAY	£249,000	£314,158	21% below HPI
2008 31 JUL	£254,995	£281,113	9% below HPI

5 JAMES GORE 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 two 5 JAMES GORE DRIVE sales from July 2008 and May 2014 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 July 2008 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2014 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 5 JAMES GORE DRIVE?

5 JAMES GORE DRIVE is 125m² according to the EPC inspection conducted in March 2023. This puts it in the largest 30% of detached houses in Berechurch, based on EPC data. The below chart shows the distribution of detached houses by size in Berechurch, and where 5 JAMES GORE DRIVE lies on this distribution: 76% of detached houses are smaller than 5 JAMES GORE DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Berechurch.

5 JAMES GORE DRIVE: Plot and Title Map

5 JAMES GORE DRIVE sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of 5 JAMES GORE 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 JAMES GORE 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 JAMES GORE DRIVE?

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