78, PETO AVENUE, COLCHESTER, CO4 5WL - £345,000

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

78 PETO AVENUE is a midsized extended detached house of 114m², built sometime between 1996 and 2002. It was last sold for £345,000 in July 2015, which was around 1% below the average July 2015 detached price in the Colchester local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

78 PETO AVENUE Sold Prices

Land registry data shows two sales for 78 PETO AVENUE 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. One of the two 78 PETO AVENUE sales was for below the average price, whilst the other 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
2015 14 JUL	£345,000	£349,277	1% below HPI
1998 27 NOV	£125,000	£112,369	11% above HPI

78 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 two 78 PETO AVENUE sales from November 1998 and July 2015 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 1998 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2015 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 78 PETO AVENUE?

78 PETO AVENUE is 114m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 78 PETO AVENUE lies on this distribution: 53% of detached houses are smaller than 78 PETO AVENUE, and 46% of houses are larger. Note that EPC data is not available for all properties in Colchester.

78 PETO AVENUE: Plot and Title Map

78 PETO AVENUE sits on a plot of roughly 0.069 of an acre, or 277m². The below map shows the location of 78 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 78 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 78 PETO AVENUE?

78 PETO AVENUE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 78 on PETO AVENUE.