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
52 FIRSTORE DRIVE is a very small detached house of 51m², built sometime between 1983 and 1990. It was last sold for £210,000 in June 2021, which was around 53% below the average June 2021 detached price in the Colchester local authority area. The most recent EPC inspection was June 2012, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows four sales for 52 FIRSTORE DRIVE since 1st 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. All of the four 52 FIRSTORE 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 |
---|---|---|---|
2021 25 JUN | £210,000 | £442,452 | 53% below HPI |
2019 18 JUN | £175,000 | £432,007 | 59% below HPI |
2015 10 JUL | £175,000 | £349,277 | 50% below HPI |
2005 4 MAR | £175,000 | £265,289 | 34% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The four 52 FIRSTORE DRIVE sales between March 2005 and June 2021 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 2019 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the June 2021 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.
52 FIRSTORE DRIVE is 51m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 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 52 FIRSTORE DRIVE lies on this distribution: 1% of detached houses are smaller than 52 FIRSTORE DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Colchester.
52 FIRSTORE DRIVE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 52 FIRSTORE 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 52 FIRSTORE 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.
52 FIRSTORE DRIVE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 52 on FIRSTORE DRIVE.