3, JAMES PARNELL DRIVE, COLCHESTER, CO2 8WR - £250,000

3 JAMES PARNELL DRIVE is a very small detached house of 74m², built sometime between 2003 and 2006. It was last sold for £250,000 in January 2017, which was around 39% below the average January 2017 detached price in the Colchester local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

3 JAMES PARNELL DRIVE Sold Prices

Land registry data shows five sales for 3 JAMES PARNELL DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the five 3 JAMES PARNELL 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
2017 16 JAN	£250,000	£408,341	39% below HPI
2014 23 SEP	£206,000	£327,175	37% below HPI
2010 15 JUN	£165,000	£280,646	41% below HPI
2009 18 NOV	£131,250	£269,579	51% below HPI
2006 21 DEC	£199,995	£292,913	32% below HPI

3 JAMES PARNELL 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 five 3 JAMES PARNELL DRIVE sales between December 2006 and January 2017 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 September 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2017 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 3 JAMES PARNELL DRIVE?

3 JAMES PARNELL DRIVE is 74m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 20% of detached houses in Berechurch, based on EPC data. The below chart shows the distribution of detached houses by size in Berechurch, and where 3 JAMES PARNELL DRIVE lies on this distribution: 11% of detached houses are smaller than 3 JAMES PARNELL DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Berechurch.

3 JAMES PARNELL DRIVE: Plot and Title Map

3 JAMES PARNELL DRIVE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 3 JAMES PARNELL 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 3 JAMES PARNELL 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 3 JAMES PARNELL DRIVE?

3 JAMES PARNELL DRIVE is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 3 on JAMES PARNELL DRIVE.