6, LIBIUS DRIVE, HIGHWOODS, COLCHESTER, CO4 9FX - £184,500

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.

6 LIBIUS DRIVE is a small flat of 51m², built sometime between 2003 and 2006, which could now be worth an estimated £166,574. It was last sold for £184,500 in January 2023, which was around 3% above the average January 2023 flat price in the Colchester local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was C.

6 LIBIUS DRIVE Sold Prices

Land registry data shows six sales for 6 LIBIUS DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average flat price in the Colchester local authority area for the corresponding sale date. The six 6 LIBIUS DRIVE sales were a mix of above the average price, roughly equal to the average price, and 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
2023 13 JAN	£184,500	£179,406	3% above HPI
2021 14 OCT	£164,000	£164,610	Close to HPI
2016 2 SEP	£160,000	£148,665	8% above HPI
2007 22 JUN	£127,500	£128,243	1% below HPI
2005 24 OCT	£119,995	£114,313	5% above HPI
2003 13 JUN	£118,250	£92,824	27% above HPI

What might 6 LIBIUS DRIVE be worth now?

6 LIBIUS DRIVE might now be worth an estimated £166,574.

This is based on house price deflation of 9.7%, between January 2023 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 9.7% deflationary decrease is applied to the most recent sale price for 6 LIBIUS DRIVE of £184,500 on 13th January 2023. For the value to have decreased from £184,500 to £166,574 over the two years and nine months to April 2026, the following assumptions must hold true:

• The value of 6 LIBIUS DRIVE has moved in line with the HPI for flats in the Colchester local authority area.
• The January 2023 sale price of £184,500 represented a fair market value for the property.
• The size, condition, and specification of 6 LIBIUS DRIVE has not materially changed since January 2023.

How Large is 6 LIBIUS DRIVE?

6 LIBIUS DRIVE is 51m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% of flats in Colchester, based on EPC data. 32% of flats are smaller than 6 LIBIUS DRIVE, and 66% of flats are larger. Note that EPC data is not available for all properties in Colchester.

6 LIBIUS DRIVE: Plot

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

Where is 6 LIBIUS DRIVE?

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