53, OAKS DRIVE, COLCHESTER, CO3 3PS - £515,000

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

53 OAKS DRIVE is a small detached house of 102m², built sometime between 1967 and 1975. It was last sold for £515,000 in August 2018, which was around 18% above the average August 2018 detached price in the Colchester local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was C.

53 OAKS DRIVE Sold Prices

Land registry data shows two sales for 53 OAKS 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. One of the two 53 OAKS DRIVE sales was for above the average price, whilst the other 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
2018 20 AUG	£515,000	£436,122	18% above HPI
2017 3 NOV	£400,000	£432,437	8% below HPI

53 OAKS 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 53 OAKS DRIVE sales from November 2017 and August 2018 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 November 2017 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2018 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 53 OAKS DRIVE?

53 OAKS DRIVE is 102m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 53 OAKS DRIVE lies on this distribution: 39% of detached houses are smaller than 53 OAKS DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Colchester.

53 OAKS DRIVE: Plot and Title Map

53 OAKS DRIVE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 53 OAKS 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 53 OAKS 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 53 OAKS DRIVE?

53 OAKS DRIVE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 53 on OAKS DRIVE.