62, PEACHE ROAD, COLCHESTER, CO1 2FS - £240,000

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

62 PEACHE ROAD is a very small detached house of 64m², built sometime between 2007 and 2011. It was last sold for £240,000 in August 2019, which was around 45% below the average August 2019 detached price in the Colchester local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

62 PEACHE ROAD Sold Prices

Land registry data shows three sales for 62 PEACHE ROAD 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 62 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
2019 9 AUG	£240,000	£440,286	45% below HPI
2015 9 JUN	£187,500	£346,020	46% below HPI
2013 9 AUG	£150,000	£293,107	49% below HPI

62 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 three 62 PEACHE ROAD sales between August 2013 and August 2019 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 June 2015 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the August 2019 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 62 PEACHE ROAD?

62 PEACHE ROAD is 64m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 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 62 PEACHE ROAD lies on this distribution: 4% of detached houses are smaller than 62 PEACHE ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Colchester.

62 PEACHE ROAD: Plot and Title Map

62 PEACHE ROAD sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 62 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 62 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 62 PEACHE ROAD?

62 PEACHE ROAD is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 62 on PEACHE ROAD.