7, RHINO DRIVE, STANWAY, COLCHESTER, CO3 8BA - £465,000

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.

7 RHINO DRIVE is a midsized semi-detached house of 119m², which could now be worth an estimated £498,439. It was last sold for £465,000 in November 2021, which was around 50% above the average November 2021 semi-detached price in the Colchester local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was A.

7 RHINO DRIVE Sold Prices

Land registry data shows two sales for 7 RHINO 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 7 RHINO 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
2021 19 NOV	£465,000	£309,632	50% above HPI
2017 3 NOV	£404,995	£277,997	46% above HPI

7 RHINO 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 7 RHINO DRIVE sales from November 2017 and November 2021 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 2017 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the November 2021 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 7 RHINO DRIVE be worth now?

7 RHINO DRIVE might now be worth an estimated £498,439.

This is based on house price inflation of 7.2%, between November 2021 and October 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 7.2% inflationary increase is applied to the most recent sale price for 7 RHINO DRIVE of £465,000 on 19th November 2021. For the value to have increased from £465,000 to £498,439 over the four years and one month to October 2025, the following assumptions must hold true:

• The value of 7 RHINO DRIVE has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The November 2021 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 7 RHINO DRIVE has not materially changed since November 2021.

How Large is 7 RHINO DRIVE?

7 RHINO DRIVE is 119m² according to the EPC inspection conducted in October 2017. This puts it in the largest 50% 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 7 RHINO DRIVE lies on this distribution: 58% of semi-detached houses houses are smaller than 7 RHINO DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Colchester.

7 RHINO DRIVE: Plot and Title Map

7 RHINO DRIVE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 7 RHINO 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 RHINO 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 RHINO DRIVE?

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