8, DRAGONFLY DRIFT, STANWAY, COLCHESTER, CO3 0AQ - £450,000

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

8 DRAGONFLY DRIFT is a large detached house of 125m². It was last sold for £450,000 in December 2020, which was around 1% below the average December 2020 detached price in the Colchester local authority area. The most recent EPC inspection was November 2016, where the current energy rating was B, and the potential energy rating was A.

8 DRAGONFLY DRIFT Sold Prices

Land registry data shows two sales for 8 DRAGONFLY DRIFT 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 8 DRAGONFLY DRIFT 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
2020 17 DEC	£450,000	£456,805	1% below HPI
2016 25 NOV	£399,995	£409,775	2% below HPI

8 DRAGONFLY DRIFT 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 8 DRAGONFLY DRIFT sales from November 2016 and December 2020 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 November 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2020 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 8 DRAGONFLY DRIFT?

8 DRAGONFLY DRIFT is 125m² according to the EPC inspection conducted in November 2016. This puts it in the largest 40% 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 DRAGONFLY DRIFT lies on this distribution: 64% of detached houses are smaller than 8 DRAGONFLY DRIFT, and 35% of houses are larger. Note that EPC data is not available for all properties in Colchester.

8 DRAGONFLY DRIFT: Plot and Title Map

8 DRAGONFLY DRIFT sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 8 DRAGONFLY DRIFT, 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 DRAGONFLY DRIFT). 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 8 DRAGONFLY DRIFT?

8 DRAGONFLY DRIFT is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 8 on DRAGONFLY DRIFT.