8, EAGLE DRIVE, COLCHESTER, CO2 7GG - £305,000

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.

8 EAGLE DRIVE is a very small semi-detached house of 78m², built in 2014, which could now be worth an estimated £303,017. It was last sold for £305,000 in September 2022, which was around 9% below the average September 2022 semi-detached price in the Colchester local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was A.

8 EAGLE DRIVE Sold Prices

Land registry data shows three sales for 8 EAGLE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. All of the three 8 EAGLE 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
2022 16 SEP	£305,000	£333,745	9% below HPI
2018 1 JUN	£255,000	£279,613	9% below HPI
2014 14 NOV	£184,995	£215,883	14% below HPI

8 EAGLE 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 three 8 EAGLE DRIVE sales between November 2014 and September 2022 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 June 2018 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2022 sale, which was also at 9% below the HPI.

What might 8 EAGLE DRIVE be worth now?

8 EAGLE DRIVE might now be worth an estimated £303,017.

This is based on house price deflation of 0.7%, between September 2022 and April 2026, 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 0.7% deflationary decrease is applied to the most recent sale price for 8 EAGLE DRIVE of £305,000 on 16th September 2022. For the value to have decreased from £305,000 to £303,017 over the four years and five months to April 2026, the following assumptions must hold true:

• The value of 8 EAGLE DRIVE has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The September 2022 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 8 EAGLE DRIVE has not materially changed since September 2022.

How Large is 8 EAGLE DRIVE?

8 EAGLE DRIVE is 78m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% 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 8 EAGLE DRIVE lies on this distribution: 11% of semi-detached houses houses are smaller than 8 EAGLE DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Colchester.

8 EAGLE DRIVE: Plot and Title Map

8 EAGLE DRIVE sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 8 EAGLE 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 8 EAGLE 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 8 EAGLE DRIVE?

8 EAGLE DRIVE is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 8 on EAGLE DRIVE.