51, PARR DRIVE, COLCHESTER, CO3 9EN - £88,500

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.

51 PARR DRIVE is a midsized extended terraced house of 118m², built sometime between 1950 and 1966, which could now be worth an estimated £393,525. It was last sold for £88,500 in October 1999, which was around 49% above the average October 1999 terraced price in the Colchester local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

51 PARR DRIVE Sold Prices

Land registry data shows two sales for 51 PARR DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Colchester local authority area for the corresponding sale date. One of the two 51 PARR DRIVE sales was for above the average price, whilst the other 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
1999 1 OCT	£88,500	£59,291	49% above HPI
1998 23 OCT	£49,000	£53,320	8% below HPI

51 PARR DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Colchester local authority area over time, sourced from the HPI. The two 51 PARR DRIVE sales from October 1998 and October 1999 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 1998 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 1999 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 51 PARR DRIVE be worth now?

51 PARR DRIVE might now be worth an estimated £393,525.

This is based on house price inflation of 344.7%, between October 1999 and July 2025, for terraced 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 344.7% inflationary increase is applied to the most recent sale price for 51 PARR DRIVE of £88,500 on 1st October 1999. For the value to have increased from £88,500 to £393,525 over the 26 years and three months to July 2025, the following assumptions must hold true:

• The value of 51 PARR DRIVE has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The October 1999 sale price of £88,500 represented a fair market value for the property.
• The size, condition, and specification of 51 PARR DRIVE has not materially changed since October 1999.

How Large is 51 PARR DRIVE?

51 PARR DRIVE is 118m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 50% of terraced houses houses in Colchester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Colchester, and where 51 PARR DRIVE lies on this distribution: 57% of terraced houses houses are smaller than 51 PARR DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Colchester.

51 PARR DRIVE: Plot and Title Map

51 PARR DRIVE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 51 PARR 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 51 PARR 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 51 PARR DRIVE?

51 PARR DRIVE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 51 on PARR DRIVE.