2, CHERRYWOOD DRIVE, COLCHESTER, CO3 4LU - £307,000

2 CHERRYWOOD DRIVE is a very large extended detached house of 177m², built sometime between 1967 and 1975. It was last sold for £307,000 in May 2013, which was around 6% above the average May 2013 detached price in the Colchester local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was D.

2 CHERRYWOOD DRIVE Sold Prices

Land registry data shows two sales for 2 CHERRYWOOD 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 2 CHERRYWOOD DRIVE sales were 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
2013 17 MAY	£307,000	£290,038	6% above HPI
1999 30 JUN	£151,995	£116,881	30% above HPI

2 CHERRYWOOD 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 2 CHERRYWOOD DRIVE sales from June 1999 and May 2013 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 June 1999 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the May 2013 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 2 CHERRYWOOD DRIVE?

2 CHERRYWOOD DRIVE is 177m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the largest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 2 CHERRYWOOD DRIVE lies on this distribution: 91% of detached houses are smaller than 2 CHERRYWOOD DRIVE, and 9% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 CHERRYWOOD DRIVE: Plot and Title Map

2 CHERRYWOOD DRIVE sits on a plot of roughly 0.153 of an acre, or 617m². The below map shows the location of 2 CHERRYWOOD 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 2 CHERRYWOOD 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 2 CHERRYWOOD DRIVE?

2 CHERRYWOOD DRIVE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 2 on CHERRYWOOD DRIVE.