16, LIBIUS DRIVE, HIGHWOODS, COLCHESTER, CO4 9FX - £142,000

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.

16 LIBIUS DRIVE is a very large flat of 78m², built sometime between 1996 and 2002, which could now be worth an estimated £193,639. It was last sold for £142,000 in July 2014, which was around 20% above the average July 2014 flat price in the Colchester local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was B.

16 LIBIUS DRIVE Sold Prices

Land registry data shows three sales for 16 LIBIUS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Colchester local authority area for the corresponding sale date. All of the three 16 LIBIUS 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
2014 9 JUL	£142,000	£118,780	20% above HPI
2005 1 NOV	£149,000	£114,630	30% above HPI
2003 16 JUL	£143,500	£93,922	53% above HPI

What might 16 LIBIUS DRIVE be worth now?

16 LIBIUS DRIVE might now be worth an estimated £193,639.

This is based on house price inflation of 36.4%, between July 2014 and April 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 36.4% inflationary increase is applied to the most recent sale price for 16 LIBIUS DRIVE of £142,000 on 9th July 2014. For the value to have increased from £142,000 to £193,639 over the twelve years and three months to April 2026, the following assumptions must hold true:

• The value of 16 LIBIUS DRIVE has moved in line with the HPI for flats in the Colchester local authority area.
• The July 2014 sale price of £142,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LIBIUS DRIVE has not materially changed since July 2014.

How Large is 16 LIBIUS DRIVE?

16 LIBIUS DRIVE is 78m² according to the EPC inspection conducted in January 2009. This puts it in the largest 10% of flats in Colchester, based on EPC data. 91% of flats are smaller than 16 LIBIUS DRIVE, and 9% of flats are larger. Note that EPC data is not available for all properties in Colchester.

16 LIBIUS DRIVE: Plot

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

Where is 16 LIBIUS DRIVE?

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