1, PEPPERCORN CLOSE, COLCHESTER, CO4 5WS - £220,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 PEPPERCORN CLOSE is a midsized detached house of 120m², built sometime between 1996 and 2002. It was last sold for £220,000 in March 2004, which was around 13% below the average March 2004 detached price in the Colchester local authority area. The most recent EPC inspection was March 2014, where the current energy rating was B, and the potential energy rating was A.

1 PEPPERCORN CLOSE Sold Prices

Land registry data shows three sales for 1 PEPPERCORN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Two of the three 1 PEPPERCORN CLOSE sales were for below the average price, whilst one 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
2004 11 MAR	£220,000	£251,696	13% below HPI
2002 6 DEC	£190,000	£224,803	15% below HPI
1998 27 APR	£111,000	£107,269	3% above HPI

1 PEPPERCORN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 1 PEPPERCORN CLOSE sales between April 1998 and March 2004 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2004 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 1 PEPPERCORN CLOSE?

1 PEPPERCORN CLOSE is 120m² according to the EPC inspection conducted in March 2014. This puts it in the largest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 1 PEPPERCORN CLOSE lies on this distribution: 59% of detached houses are smaller than 1 PEPPERCORN CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Colchester.

1 PEPPERCORN CLOSE: Plot and Title Map

1 PEPPERCORN CLOSE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 1 PEPPERCORN CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 PEPPERCORN CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 PEPPERCORN CLOSE?

1 PEPPERCORN CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 1 on PEPPERCORN CLOSE.