61, SPRINGHAM DRIVE, COLCHESTER, CO4 5FN - £335,000

61 SPRINGHAM DRIVE is a large detached house of 140m², built sometime between 2003 and 2006. It was last sold for £335,000 in July 2019, which was around 23% below the average July 2019 detached price in the Colchester local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

61 SPRINGHAM DRIVE Sold Prices

Land registry data shows two sales for 61 SPRINGHAM 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 61 SPRINGHAM 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
2019 4 JUL	£335,000	£436,896	23% below HPI
2006 21 NOV	£245,000	£288,355	15% below HPI

61 SPRINGHAM 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 61 SPRINGHAM DRIVE sales from November 2006 and July 2019 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 November 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 61 SPRINGHAM DRIVE?

61 SPRINGHAM DRIVE is 140m² according to the EPC inspection conducted in March 2017. This puts it in the largest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 61 SPRINGHAM DRIVE lies on this distribution: 75% of detached houses are smaller than 61 SPRINGHAM DRIVE, and 25% of houses are larger. Note that EPC data is not available for all properties in Colchester.

61 SPRINGHAM DRIVE: Plot and Title Map

61 SPRINGHAM DRIVE sits on a plot of roughly 0.030 of an acre, or 122m². The below map shows the location of 61 SPRINGHAM 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 61 SPRINGHAM 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 61 SPRINGHAM DRIVE?

61 SPRINGHAM DRIVE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 61 on SPRINGHAM DRIVE.