7, LIBIUS DRIVE, HIGHWOODS, COLCHESTER, CO4 9FX - £125,000

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 LIBIUS DRIVE is a midsized detached house of 104m², built sometime between 1996 and 2002. It was last sold for £125,000 in March 2008, which was around 59% below the average March 2008 detached price in the Colchester local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

7 LIBIUS DRIVE Sold Prices

Land registry data shows three sales for 7 LIBIUS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Two of the three 7 LIBIUS DRIVE sales were for below the average price, whilst one was for above 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
2008 27 MAR	£125,000	£303,907	59% below HPI
2006 23 AUG	£300,000	£282,194	6% above HPI
2003 28 MAR	£180,000	£227,259	21% below HPI

7 LIBIUS 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 three 7 LIBIUS DRIVE sales between March 2003 and March 2008 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 2006 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2008 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is 7 LIBIUS DRIVE?

7 LIBIUS DRIVE is 104m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 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 LIBIUS DRIVE lies on this distribution: 42% of detached houses are smaller than 7 LIBIUS DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Colchester.

7 LIBIUS DRIVE: Plot and Title Map

7 LIBIUS DRIVE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 7 LIBIUS 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 LIBIUS 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 LIBIUS DRIVE?

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