88, PETO AVENUE, COLCHESTER, CO4 5WL - £475,000

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

88 PETO AVENUE is a large extended detached house of 136m², built sometime between 1996 and 2002. It was last sold for £475,000 in June 2018, which was around 10% above the average June 2018 detached price in the Colchester local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

88 PETO AVENUE Sold Prices

Land registry data shows two sales for 88 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. Both of the two 88 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
2018 1 JUN	£475,000	£432,030	10% above HPI
1997 17 OCT	£128,000	£99,892	28% above HPI

88 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 88 PETO AVENUE sales from October 1997 and June 2018 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 October 1997 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the June 2018 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 88 PETO AVENUE?

88 PETO AVENUE is 136m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 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 88 PETO AVENUE lies on this distribution: 72% of detached houses are smaller than 88 PETO AVENUE, and 27% of houses are larger. Note that EPC data is not available for all properties in Colchester.

88 PETO AVENUE: Plot and Title Map

88 PETO AVENUE sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of 88 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 88 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 88 PETO AVENUE?

88 PETO AVENUE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 88 on PETO AVENUE.