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
8 BRAITHWAITE DRIVE is a midsized detached house of 117m², built sometime between 1996 and 2002. It was last sold for £230,000 in January 2008, which was around 26% below the average January 2008 detached price in the Colchester local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 8 BRAITHWAITE DRIVE since 1st 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. Most of the four 8 BRAITHWAITE 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 |
---|---|---|---|
2008 25 JAN | £230,000 | £310,128 | 26% below HPI |
2005 30 SEP | £229,995 | £267,937 | 14% below HPI |
2005 30 JUN | £240,000 | £267,383 | 10% below HPI |
2000 28 APR | £161,495 | £138,198 | 17% above HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The four 8 BRAITHWAITE DRIVE sales between April 2000 and January 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 September 2005 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2008 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.
8 BRAITHWAITE DRIVE is 117m² according to the EPC inspection conducted in July 2013. 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 8 BRAITHWAITE DRIVE lies on this distribution: 56% of detached houses are smaller than 8 BRAITHWAITE DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Colchester.
8 BRAITHWAITE DRIVE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 8 BRAITHWAITE 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 8 BRAITHWAITE 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.
8 BRAITHWAITE DRIVE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 8 on BRAITHWAITE DRIVE.