6, RHINO DRIVE, STANWAY, COLCHESTER, CO3 8BA - £500,000

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

6 RHINO DRIVE is a midsized detached house of 119m². It was last sold for £500,000 in July 2022, which was around 2% below the average July 2022 detached price in the Colchester local authority area. The most recent EPC inspection was September 2017, where the current energy rating was B, and the potential energy rating was A.

6 RHINO DRIVE Sold Prices

Land registry data shows two sales for 6 RHINO 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 6 RHINO 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
2022 8 JUL	£500,000	£508,068	2% below HPI
2017 27 OCT	£404,995	£433,691	7% below HPI

6 RHINO 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 6 RHINO DRIVE sales from October 2017 and July 2022 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 October 2017 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2022 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 6 RHINO DRIVE?

6 RHINO DRIVE is 119m² according to the EPC inspection conducted in September 2017. This puts it in the largest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 6 RHINO DRIVE lies on this distribution: 58% of detached houses are smaller than 6 RHINO DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Colchester.

6 RHINO DRIVE: Plot and Title Map

6 RHINO DRIVE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 6 RHINO 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 6 RHINO 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 6 RHINO DRIVE?

6 RHINO DRIVE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 6 on RHINO DRIVE.