2, TRANTER DRIVE, COLCHESTER, CO4 5FF - £320,000

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.

2 TRANTER DRIVE is a large detached house of 139m², built sometime between 2003 and 2006, which could now be worth an estimated £371,420. It was last sold for £320,000 in May 2019, which was around 26% below the average May 2019 detached price in the Colchester local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

2 TRANTER DRIVE Sold Prices

Land registry data shows four sales for 2 TRANTER 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 2 TRANTER 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
2019 20 MAY	£320,000	£430,938	26% below HPI
2014 16 APR	£242,500	£311,430	22% below HPI
2007 25 APR	£250,000	£293,196	15% below HPI
2005 22 APR	£235,000	£266,239	12% below HPI

2 TRANTER 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 2 TRANTER DRIVE sales between April 2005 and May 2019 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 April 2014 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 2 TRANTER DRIVE be worth now?

2 TRANTER DRIVE might now be worth an estimated £371,420.

This is based on house price inflation of 16.1%, between May 2019 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 16.1% inflationary increase is applied to the most recent sale price for 2 TRANTER DRIVE of £320,000 on 20th May 2019. For the value to have increased from £320,000 to £371,420 over the five years and seven months to October 2025, the following assumptions must hold true:

• The value of 2 TRANTER DRIVE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The May 2019 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 2 TRANTER DRIVE has not materially changed since May 2019.

How Large is 2 TRANTER DRIVE?

2 TRANTER DRIVE is 139m² according to the EPC inspection conducted in March 2009. This puts it in the largest 30% 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 2 TRANTER DRIVE lies on this distribution: 74% of detached houses houses are smaller than 2 TRANTER DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 TRANTER DRIVE: Plot and Title Map

2 TRANTER DRIVE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 2 TRANTER 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 TRANTER 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 TRANTER DRIVE?

2 TRANTER DRIVE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 2 on TRANTER DRIVE.