55, PETO AVENUE, COLCHESTER, CO4 5WH - £475,000

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

55 PETO AVENUE is a very large extended detached house of 218m², built sometime between 1991 and 1995. It was last sold for £475,000 in November 2020, which was around 4% above the average November 2020 detached price in the Colchester local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

55 PETO AVENUE Sold Prices

Land registry data shows four sales for 55 PETO AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 55 PETO AVENUE 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
2020 20 NOV	£475,000	£454,919	4% above HPI
2006 25 MAY	£285,000	£279,792	2% above HPI
2002 9 AUG	£218,000	£205,075	6% above HPI
1998 30 APR	£108,000	£107,269	1% above HPI

55 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 four 55 PETO AVENUE sales between April 1998 and November 2020 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 May 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2020 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 55 PETO AVENUE?

55 PETO AVENUE is 218m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 55 PETO AVENUE lies on this distribution: 96% of detached houses are smaller than 55 PETO AVENUE, and 3% of houses are larger. Note that EPC data is not available for all properties in Colchester.

55 PETO AVENUE: Plot and Title Map

55 PETO AVENUE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 55 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 55 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 55 PETO AVENUE?

55 PETO AVENUE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 55 on PETO AVENUE.