9, PEAKES CLOSE, TIPTREE, COLCHESTER, CO5 0PD - £370,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 PEAKES CLOSE is a very small semi-detached house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £428,612. It was last sold for £370,000 in March 2021, which was around 29% above the average March 2021 semi-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.

9 PEAKES CLOSE Sold Prices

Land registry data shows three sales for 9 PEAKES CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. All of the three 9 PEAKES CLOSE 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
2021 22 MAR	£370,000	£285,940	29% above HPI
2018 19 DEC	£330,000	£282,823	17% above HPI
1995 17 MAR	£71,000	£58,228	22% above HPI

9 PEAKES CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The three 9 PEAKES CLOSE sales between March 1995 and March 2021 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 December 2018 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2021 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 9 PEAKES CLOSE be worth now?

9 PEAKES CLOSE might now be worth an estimated £428,612.

This is based on house price inflation of 15.8%, between March 2021 and February 2025, for semi-detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.8% inflationary increase is applied to the most recent sale price for 9 PEAKES CLOSE of £370,000 on 22nd March 2021. For the value to have increased from £370,000 to £428,612 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 9 PEAKES CLOSE has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The March 2021 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PEAKES CLOSE has not materially changed since March 2021.

How Large is 9 PEAKES CLOSE?

9 PEAKES CLOSE is 71m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of semi-detached houses houses in Tiptree, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Tiptree, and where 9 PEAKES CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 9 PEAKES CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

9 PEAKES CLOSE: Plot and Title Map

9 PEAKES CLOSE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 9 PEAKES CLOSE, 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 9 PEAKES CLOSE). 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 9 PEAKES CLOSE?

9 PEAKES CLOSE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 9 on PEAKES CLOSE.