Driftwood Ivy Lane

    DRIFTWOOD, IVY LANE, EAST MERSEA, COLCHESTER, CO5 8US

    This detached freehold property on Ivy Lane last sold in October 2020 for £549,995. Based on price growth in the CO5 district since then, its estimated current value is £592,643 — placing it in the 85th percentile nationally and the 85th percentile within CO5. The property covers 178 m² (1,916 sq ft), giving an estimated value of £3,329 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,916 sq ft

    178 m²

    Last Sale Price

    £549,995

    Oct 2020

    Estimated Valuation

    £592,643

    Est. £/sq ft

    £309/sq ft

    £3,329/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2015
    Habitable roomsNot available
    Main fuelGas: bulk LPG
    EPC currentC
    EPC potentialB
    Floor area1,916 sq ft (178 m²)
    EPC dateMar 2016
    WallsAverage thermal transmittance 0.23 W/m²K
    HeatingBoiler and underfloor heating, LPG

    Transaction History

    8 Oct 2020

    £549,995

    20 Apr 2017

    £480,000

    Key Metrics

    Estimated valuation£592,643
    Value per sq ft / m²£309/sq ft (£3,329/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO5 district percentile85th percentile
    National percentile85th percentile

    District Context — CO5

    CO5 covers the Colchester area and surrounding villages in north Essex, situated between London and the East Anglian coast. It is a established residential and commuter district with a mix of family homes, period properties, and newer developments.

    Average Property Price - CO5

    £421,446

    71

    National percentile

    Average Net Household Income - CO5

    £41,952

    66

    National percentile

    10-Year Annualised Price Growth - CO5

    3.5%

    47

    National percentile

    10-Year Annualised Rent Growth - CO

    4.8%

    93

    National percentile

    View full analysis for CO5

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