5, COTTAGE DRIVE, COLCHESTER, CO2 8DE - £176,500

5 COTTAGE DRIVE is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £176,500 in March 2012, which was around 37% below the average March 2012 detached price in the Colchester local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was D.

5 COTTAGE DRIVE Sold Prices

Land registry data shows two sales for 5 COTTAGE 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 5 COTTAGE 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
2012 9 MAR	£176,500	£282,204	37% below HPI
2009 16 OCT	£152,000	£266,955	43% below HPI

5 COTTAGE 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 5 COTTAGE DRIVE sales from October 2009 and March 2012 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 October 2009 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2012 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 5 COTTAGE DRIVE?

5 COTTAGE DRIVE is 68m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 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 5 COTTAGE DRIVE lies on this distribution: 6% of detached houses are smaller than 5 COTTAGE DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Colchester.

5 COTTAGE DRIVE: Plot and Title Map

5 COTTAGE DRIVE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 5 COTTAGE 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 5 COTTAGE 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 5 COTTAGE DRIVE?

5 COTTAGE DRIVE is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 5 on COTTAGE DRIVE.