40, OAKS DRIVE, COLCHESTER, CO3 3PS - £364,500

40 OAKS DRIVE is a large detached house of 127m², built sometime between 1976 and 1982. It was last sold for £364,500 in April 2014, which was around 17% above the average April 2014 detached price in the Colchester local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

40 OAKS DRIVE Sold Prices

Land registry data shows two sales for 40 OAKS 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 40 OAKS 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
2014 15 APR	£364,500	£310,577	17% above HPI
2005 17 JUN	£311,200	£267,383	16% above HPI

40 OAKS 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 40 OAKS DRIVE sales from June 2005 and April 2014 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 2005 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the April 2014 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 40 OAKS DRIVE?

40 OAKS DRIVE is 127m² according to the EPC inspection conducted in May 2016. This puts it in the largest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 40 OAKS DRIVE lies on this distribution: 66% of detached houses are smaller than 40 OAKS DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Colchester.

40 OAKS DRIVE: Plot and Title Map

40 OAKS DRIVE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 40 OAKS 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 40 OAKS 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 40 OAKS DRIVE?

40 OAKS DRIVE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 40 on OAKS DRIVE.