7, FIRSTORE DRIVE, COLCHESTER, CO3 9EA - £310,000

7 FIRSTORE DRIVE is a very small extended detached house of 70m², built sometime between 1983 and 1990. It was last sold for £310,000 in May 2018, which was around 28% below the average May 2018 detached price in the Colchester local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

7 FIRSTORE DRIVE Sold Prices

Land registry data shows three sales for 7 FIRSTORE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 7 FIRSTORE 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
2018 4 MAY	£310,000	£432,704	28% below HPI
2015 11 DEC	£185,000	£371,789	50% below HPI
2000 18 SEP	£87,500	£149,074	41% below HPI

7 FIRSTORE 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 three 7 FIRSTORE DRIVE sales between September 2000 and May 2018 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 2015 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the May 2018 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 7 FIRSTORE DRIVE?

7 FIRSTORE DRIVE is 70m², which includes one extension, according to the EPC inspection conducted in February 2018. 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 7 FIRSTORE DRIVE lies on this distribution: 7% of detached houses are smaller than 7 FIRSTORE DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Colchester.

7 FIRSTORE DRIVE: Plot and Title Map

7 FIRSTORE DRIVE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 7 FIRSTORE 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 7 FIRSTORE 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 7 FIRSTORE DRIVE?

7 FIRSTORE DRIVE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 7 on FIRSTORE DRIVE.