23, SHEPHERD DRIVE, COLCHESTER, CO4 5FA - £302,500

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.

23 SHEPHERD DRIVE is a very small semi-detached house of 81m², built sometime between 2003 and 2006, which could now be worth an estimated £344,162. It was last sold for £302,500 in November 2020, which was around 4% above the average November 2020 semi-detached price in the Colchester local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

23 SHEPHERD DRIVE Sold Prices

Land registry data shows four sales for 23 SHEPHERD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. Two of the four 23 SHEPHERD DRIVE sales were for above the average price, whilst one was 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 20 NOV	£302,500	£291,721	4% above HPI
2017 9 AUG	£275,000	£276,368	Close to HPI
2007 22 JUN	£192,000	£199,696	4% below HPI
2003 19 DEC	£168,950	£152,849	11% above HPI

23 SHEPHERD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The four 23 SHEPHERD DRIVE sales between December 2003 and November 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 August 2017 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2020 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 23 SHEPHERD DRIVE be worth now?

23 SHEPHERD DRIVE might now be worth an estimated £344,162.

This is based on house price inflation of 13.8%, between November 2020 and October 2025, for semi-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 13.8% inflationary increase is applied to the most recent sale price for 23 SHEPHERD DRIVE of £302,500 on 20th November 2020. For the value to have increased from £302,500 to £344,162 over the five years and one month to October 2025, the following assumptions must hold true:

• The value of 23 SHEPHERD DRIVE has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The November 2020 sale price of £302,500 represented a fair market value for the property.
• The size, condition, and specification of 23 SHEPHERD DRIVE has not materially changed since November 2020.

How Large is 23 SHEPHERD DRIVE?

23 SHEPHERD DRIVE is 81m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of semi-detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Colchester, and where 23 SHEPHERD DRIVE lies on this distribution: 15% of semi-detached houses houses are smaller than 23 SHEPHERD DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Colchester.

23 SHEPHERD DRIVE: Plot and Title Map

23 SHEPHERD DRIVE sits on a plot of roughly 0.033 of an acre, or 134m². The below map shows the location of 23 SHEPHERD 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 23 SHEPHERD 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 23 SHEPHERD DRIVE?

23 SHEPHERD DRIVE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 23 on SHEPHERD DRIVE.