55, SEPTIMUS DRIVE, HIGHWOODS, COLCHESTER, CO4 9EU - £250,000

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.

55 SEPTIMUS DRIVE is a large semi-detached house of 132m², built sometime between 2003 and 2006, which could now be worth an estimated £451,809. It was last sold for £250,000 in November 2011, which was around 36% above the average November 2011 semi-detached price in the Colchester local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was B.

55 SEPTIMUS DRIVE Sold Prices

Land registry data shows two sales for 55 SEPTIMUS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. Both of the two 55 SEPTIMUS 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
2011 24 NOV	£250,000	£183,283	36% above HPI
2003 5 DEC	£261,000	£152,849	71% above HPI

55 SEPTIMUS 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 two 55 SEPTIMUS DRIVE sales from December 2003 and November 2011 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 December 2003 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the November 2011 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 55 SEPTIMUS DRIVE be worth now?

55 SEPTIMUS DRIVE might now be worth an estimated £451,809.

This is based on house price inflation of 80.7%, between November 2011 and February 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 80.7% inflationary increase is applied to the most recent sale price for 55 SEPTIMUS DRIVE of £250,000 on 24th November 2011. For the value to have increased from £250,000 to £451,809 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 55 SEPTIMUS DRIVE has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The November 2011 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 55 SEPTIMUS DRIVE has not materially changed since November 2011.

How Large is 55 SEPTIMUS DRIVE?

55 SEPTIMUS DRIVE is 132m² according to the EPC inspection conducted in February 2011. This puts it in the largest 30% 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 55 SEPTIMUS DRIVE lies on this distribution: 70% of semi-detached houses houses are smaller than 55 SEPTIMUS DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Colchester.

55 SEPTIMUS DRIVE: Plot and Title Map

55 SEPTIMUS DRIVE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 55 SEPTIMUS 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 55 SEPTIMUS 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 55 SEPTIMUS DRIVE?

55 SEPTIMUS DRIVE is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 55 on SEPTIMUS DRIVE.