7, GRAYLING DRIVE, COLCHESTER, CO4 3EN - £240,000

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

7 GRAYLING DRIVE is a very small extended detached house of 85m², built sometime between 1967 and 1975. It was last sold for £240,000 in March 2015, which was around 29% below the average March 2015 detached price in the Colchester local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

7 GRAYLING DRIVE Sold Prices

Land registry data shows two sales for 7 GRAYLING 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 7 GRAYLING 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
2015 30 MAR	£240,000	£337,985	29% below HPI
1999 16 DEC	£86,995	£129,201	33% below HPI

7 GRAYLING 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 7 GRAYLING DRIVE sales from December 1999 and March 2015 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 1999 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2015 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 7 GRAYLING DRIVE?

7 GRAYLING DRIVE is 85m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% 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 GRAYLING DRIVE lies on this distribution: 20% of detached houses are smaller than 7 GRAYLING DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Colchester.

7 GRAYLING DRIVE: Plot and Title Map

7 GRAYLING DRIVE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 7 GRAYLING 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 GRAYLING 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 GRAYLING DRIVE?

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