12, LIBIUS DRIVE, HIGHWOODS, COLCHESTER, CO4 9FX - £150,000

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.

12 LIBIUS DRIVE is a small flat of 50m², built sometime between 2003 and 2006, which could now be worth an estimated £153,440. It was last sold for £150,000 in July 2017, which was around 6% below the average July 2017 flat price in the Colchester local authority area. The most recent EPC inspection was February 2019, where the current energy rating was B, and the potential energy rating was B.

12 LIBIUS DRIVE Sold Prices

Land registry data shows two sales for 12 LIBIUS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Colchester local authority area for the corresponding sale date. One of the two 12 LIBIUS DRIVE sales was for below the average price, whilst the other was 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
2017 27 JUL	£150,000	£159,022	6% below HPI
2003 27 JUN	£125,000	£92,824	35% above HPI

What might 12 LIBIUS DRIVE be worth now?

12 LIBIUS DRIVE might now be worth an estimated £153,440.

This is based on house price inflation of 2.3%, between July 2017 and May 2026, for flats, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.3% inflationary increase is applied to the most recent sale price for 12 LIBIUS DRIVE of £150,000 on 27th July 2017. For the value to have increased from £150,000 to £153,440 over the nine years and two months to May 2026, the following assumptions must hold true:

• The value of 12 LIBIUS DRIVE has moved in line with the HPI for flats in the Colchester local authority area.
• The July 2017 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LIBIUS DRIVE has not materially changed since July 2017.

How Large is 12 LIBIUS DRIVE?

12 LIBIUS DRIVE is 50m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 40% of flats in Colchester, based on EPC data. 30% of flats are smaller than 12 LIBIUS DRIVE, and 68% of flats are larger. Note that EPC data is not available for all properties in Colchester.

12 LIBIUS DRIVE: Plot

12 LIBIUS DRIVE sits on a plot of roughly 0.224 of an acre, or 906m².

Where is 12 LIBIUS DRIVE?

12 LIBIUS DRIVE is located in HIGHWOODS, in the CO4 postcode district.