7, GORDON DRIVE, HIGHWOODS, COLCHESTER, CO4 9FT - £368,000

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

7 GORDON DRIVE is a midsized extended detached house of 114m², built sometime between 1983 and 1990. It was last sold for £368,000 in September 2018, which was around 16% below the average September 2018 detached price in the Colchester local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

7 GORDON DRIVE Sold Prices

Land registry data shows four sales for 7 GORDON 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. All of the four 7 GORDON 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
2018 28 SEP	£368,000	£440,578	16% below HPI
2016 30 AUG	£347,000	£398,471	13% below HPI
2007 9 MAY	£250,000	£295,774	15% below HPI
1998 23 OCT	£104,000	£112,898	8% below HPI

7 GORDON 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 7 GORDON DRIVE sales between October 1998 and September 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 August 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2018 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 7 GORDON DRIVE?

7 GORDON DRIVE is 114m², which includes one extension, according to the EPC inspection conducted in February 2016. 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 7 GORDON DRIVE lies on this distribution: 53% of detached houses are smaller than 7 GORDON DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Colchester.

7 GORDON DRIVE: Plot and Title Map

7 GORDON DRIVE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 7 GORDON 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 7 GORDON 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 7 GORDON DRIVE?

7 GORDON DRIVE is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 7 on GORDON DRIVE.