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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 LIBIUS DRIVE is a very large extended detached house of 184m², built sometime between 1996 and 2002, which could now be worth an estimated £481,506. 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	£338,996	4% below HPI
2012 20 DEC	£295,000	£290,951	1% above HPI
2005 10 FEB	£340,000	£263,029	29% above HPI
2003 6 JUN	£270,750	£234,053	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 1% above the HPI. So the extrapolation line tracks at 1% 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.

What might 5 LIBIUS DRIVE be worth now?

5 LIBIUS DRIVE might now be worth an estimated £481,506.

This is based on house price inflation of 48.2%, between December 2014 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.2% inflationary increase is applied to the most recent sale price for 5 LIBIUS DRIVE of £325,000 on 12th December 2014. For the value to have increased from £325,000 to £481,506 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 LIBIUS DRIVE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The December 2014 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LIBIUS DRIVE has not materially changed since December 2014.

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 houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 5 LIBIUS DRIVE lies on this distribution: 92% of detached houses 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.