20, PEAKES CLOSE, TIPTREE, COLCHESTER, CO5 0PD - £835,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

20 PEAKES CLOSE is a midsized extended detached house of 110m², built sometime between 1967 and 1975, which could now be worth an estimated £944,559. It was last sold for £835,000 in February 2021, which was around 88% above the average February 2021 detached price in the Colchester local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

20 PEAKES CLOSE Sold Prices

Land registry data shows three sales for 20 PEAKES 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. All of the three 20 PEAKES CLOSE 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
2021 12 FEB	£835,000	£443,987	88% above HPI
2016 26 JAN	£391,000	£378,038	3% above HPI
2000 2 NOV	£177,000	£151,955	16% above HPI

20 PEAKES 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 20 PEAKES CLOSE sales between November 2000 and February 2021 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 January 2016 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2021 sale, where it rises to 88% above the HPI. The line then continues to track at 88% above the HPI.

What might 20 PEAKES CLOSE be worth now?

20 PEAKES CLOSE might now be worth an estimated £944,559.

This is based on house price inflation of 13.1%, between February 2021 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.1% inflationary increase is applied to the most recent sale price for 20 PEAKES CLOSE of £835,000 on 12th February 2021. For the value to have increased from £835,000 to £944,559 over the four years to February 2025, the following assumptions must hold true:

• The value of 20 PEAKES CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The February 2021 sale price of £835,000 represented a fair market value for the property.
• The size, condition, and specification of 20 PEAKES CLOSE has not materially changed since February 2021.

How Large is 20 PEAKES CLOSE?

20 PEAKES CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 50% of detached houses houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tiptree, and where 20 PEAKES CLOSE lies on this distribution: 50% of detached houses houses are smaller than 20 PEAKES CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

20 PEAKES CLOSE: Plot and Title Map

20 PEAKES CLOSE sits on a plot of roughly 0.303 of an acre, or 1,225m². The below map shows the location of 20 PEAKES 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 20 PEAKES 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 20 PEAKES CLOSE?

20 PEAKES CLOSE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 20 on PEAKES CLOSE.