5, LIBIUS DRIVE, HIGHWOODS, COLCHESTER, CO4 9FX - £325,000

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 LIBIUS DRIVE is a very large extended detached house of 184m², built sometime between 1996 and 2002. It was last sold for £325,000 in December 2014, which was around 4% below the average December 2014 detached price in the Colchester local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

5 LIBIUS DRIVE Sold Prices

Land registry data shows four sales for 5 LIBIUS 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. Most of the four 5 LIBIUS 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
2014 12 DEC	£325,000	£338,067	4% below HPI
2012 20 DEC	£295,000	£290,154	2% above HPI
2005 10 FEB	£340,000	£262,309	30% above HPI
2003 6 JUN	£270,750	£233,411	16% above HPI

5 LIBIUS 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 5 LIBIUS DRIVE sales between June 2003 and December 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 December 2012 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2014 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 5 LIBIUS DRIVE?

5 LIBIUS DRIVE is 184m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 10% 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 LIBIUS DRIVE lies on this distribution: 92% of detached houses are smaller than 5 LIBIUS DRIVE, and 8% of houses are larger. Note that EPC data is not available for all properties in Colchester.

5 LIBIUS DRIVE: Plot and Title Map

5 LIBIUS DRIVE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 5 LIBIUS 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 LIBIUS 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 LIBIUS DRIVE?

5 LIBIUS DRIVE is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 5 on LIBIUS DRIVE.