4, LIBIUS DRIVE, HIGHWOODS, COLCHESTER, CO4 9FX - £160,000

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.

4 LIBIUS DRIVE is a very large flat of 74m², built sometime between 2003 and 2006, which could now be worth an estimated £167,907. It was last sold for £160,000 in June 2019, which was around 4% above the average June 2019 flat price in the Colchester local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was C.

4 LIBIUS DRIVE Sold Prices

Land registry data shows three sales for 4 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 4 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
2019 28 JUN	£160,000	£154,347	4% above HPI
2003 28 NOV	£126,315	£95,095	33% above HPI
2003 25 JUL	£120,000	£93,922	28% above HPI

What might 4 LIBIUS DRIVE be worth now?

4 LIBIUS DRIVE might now be worth an estimated £167,907.

This is based on house price inflation of 4.9%, between June 2019 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 4.9% inflationary increase is applied to the most recent sale price for 4 LIBIUS DRIVE of £160,000 on 28th June 2019. For the value to have increased from £160,000 to £167,907 over the seven years and two months to April 2026, the following assumptions must hold true:

• The value of 4 LIBIUS DRIVE has moved in line with the HPI for flats in the Colchester local authority area.
• The June 2019 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LIBIUS DRIVE has not materially changed since June 2019.

How Large is 4 LIBIUS DRIVE?

4 LIBIUS DRIVE is 74m² according to the EPC inspection conducted in April 2019. This puts it in the largest 20% of flats in Colchester, based on EPC data. 87% of flats are smaller than 4 LIBIUS DRIVE, and 12% of flats are larger. Note that EPC data is not available for all properties in Colchester.

4 LIBIUS DRIVE: Plot

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

Where is 4 LIBIUS DRIVE?

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