45, PETO AVENUE, COLCHESTER, CO4 5WH - £279,995

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

45 PETO AVENUE is a large extended detached house of 126m², built sometime between 1996 and 2002. It was last sold for £279,995 in December 2006, which was around 4% below the average December 2006 detached price in the Colchester local authority area. The most recent EPC inspection was May 2014, where the current energy rating was B, and the potential energy rating was B.

45 PETO AVENUE Sold Prices

Land registry data shows three sales for 45 PETO AVENUE 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 45 PETO AVENUE 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
2006 15 DEC	£279,995	£292,913	4% below HPI
2003 7 NOV	£237,500	£238,979	1% below HPI
1998 14 AUG	£126,500	£111,246	14% above HPI

45 PETO AVENUE 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 45 PETO AVENUE sales between August 1998 and December 2006 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 November 2003 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2006 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 45 PETO AVENUE?

45 PETO AVENUE is 126m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 45 PETO AVENUE lies on this distribution: 65% of detached houses are smaller than 45 PETO AVENUE, and 34% of houses are larger. Note that EPC data is not available for all properties in Colchester.

45 PETO AVENUE: Plot and Title Map

45 PETO AVENUE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 45 PETO AVENUE, 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 45 PETO AVENUE). 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 45 PETO AVENUE?

45 PETO AVENUE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 45 on PETO AVENUE.