9, MAXIMUS DRIVE, COLCHESTER, CO4 9YL - £347,000

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

9 MAXIMUS DRIVE is a large detached house of 122m², built sometime between 2003 and 2006. It was last sold for £347,000 in November 2016, which was around 15% below the average November 2016 detached price in the Colchester local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

9 MAXIMUS DRIVE Sold Prices

Land registry data shows two sales for 9 MAXIMUS 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 9 MAXIMUS 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
2016 18 NOV	£347,000	£409,775	15% below HPI
2003 15 AUG	£225,935	£236,145	4% below HPI

9 MAXIMUS 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 9 MAXIMUS DRIVE sales from August 2003 and November 2016 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 2003 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2016 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 9 MAXIMUS DRIVE?

9 MAXIMUS DRIVE is 122m² according to the EPC inspection conducted in June 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 9 MAXIMUS DRIVE lies on this distribution: 61% of detached houses are smaller than 9 MAXIMUS DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Colchester.

9 MAXIMUS DRIVE: Plot and Title Map

9 MAXIMUS DRIVE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 9 MAXIMUS 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 9 MAXIMUS 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 9 MAXIMUS DRIVE?

9 MAXIMUS DRIVE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 9 on MAXIMUS DRIVE.