56, PEACHE ROAD, COLCHESTER, CO1 2FS - £325,000

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

56 PEACHE ROAD is a small detached house of 92m², built sometime between 2007 and 2011. It was last sold for £325,000 in January 2024, which was around 35% below the average January 2024 detached price in the Colchester local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

56 PEACHE ROAD Sold Prices

Land registry data shows two sales for 56 PEACHE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 56 PEACHE ROAD sales were for below 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
2024 18 JAN	£325,000	£503,803	35% below HPI
2012 31 AUG	£195,000	£289,766	33% below HPI

56 PEACHE ROAD 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 two 56 PEACHE ROAD sales from August 2012 and January 2024 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 August 2012 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2024 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 56 PEACHE ROAD?

56 PEACHE ROAD is 92m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 56 PEACHE ROAD lies on this distribution: 29% of detached houses are smaller than 56 PEACHE ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Colchester.

56 PEACHE ROAD: Plot and Title Map

56 PEACHE ROAD sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 56 PEACHE ROAD, 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 56 PEACHE ROAD). 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 56 PEACHE ROAD?

56 PEACHE ROAD is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 56 on PEACHE ROAD.