1, WEDGEWOOD DRIVE, COLCHESTER, CO4 5EX - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 WEDGEWOOD DRIVE is a very small detached house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £297,963. It was last sold for £300,000 in December 2024, which was around 40% below the average December 2024 detached price in the Colchester local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

1 WEDGEWOOD DRIVE Sold Prices

Land registry data shows four sales for 1 WEDGEWOOD DRIVE since 1^st 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. All of the four 1 WEDGEWOOD 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
2024 18 DEC	£300,000	£503,603	40% below HPI
2021 6 JAN	£315,000	£449,162	30% below HPI
2015 19 MAY	£237,500	£348,924	32% below HPI
1996 17 MAY	£77,000	£89,331	14% below HPI

1 WEDGEWOOD 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 four 1 WEDGEWOOD DRIVE sales between May 1996 and December 2024 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 January 2021 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2024 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 1 WEDGEWOOD DRIVE be worth now?

1 WEDGEWOOD DRIVE might now be worth an estimated £297,963.

This is based on house price deflation of 0.7%, between December 2024 and October 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.7% deflationary decrease is applied to the most recent sale price for 1 WEDGEWOOD DRIVE of £300,000 on 18th December 2024. For the value to have decreased from £300,000 to £297,963 over the one year and two months to October 2025, the following assumptions must hold true:

• The value of 1 WEDGEWOOD DRIVE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The December 2024 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WEDGEWOOD DRIVE has not materially changed since December 2024.

How Large is 1 WEDGEWOOD DRIVE?

1 WEDGEWOOD DRIVE is 69m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 10% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 1 WEDGEWOOD DRIVE lies on this distribution: 6% of detached houses houses are smaller than 1 WEDGEWOOD DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Colchester.

1 WEDGEWOOD DRIVE: Plot and Title Map

1 WEDGEWOOD DRIVE sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 1 WEDGEWOOD 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 1 WEDGEWOOD 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 1 WEDGEWOOD DRIVE?

1 WEDGEWOOD DRIVE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 1 on WEDGEWOOD DRIVE.