OLIVE TREE HOUSE, CHURCH ROAD, PELDON, COLCHESTER, CO5 7PT - £545,000
Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources
OLIVE TREE HOUSE is a midsized extended detached house of 141m², built sometime between 2003 and 2006. It was last sold for £545,000 in September 2022, which was around 6% above the average September 2022 detached price in the Colchester local authority area. The most recent EPC inspection was January 2022, where the current energy rating was E, and the potential energy rating was D.
OLIVE TREE HOUSE Sold Prices
Land registry data shows three sales for OLIVE TREE HOUSE since 1st 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 OLIVE TREE HOUSE 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 |
|---|---|---|---|
2022 29 SEP | £545,000 | £514,201 |  6% above HPI |
2012 31 MAY | £330,000 | £282,392 | 17% above HPI |
2004 16 FEB | £275,000 | £248,497 | 11% above HPI |
OLIVE TREE HOUSE 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 OLIVE TREE HOUSE sales between February 2004 and September 2022 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 May 2012 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2022 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.
How Large is OLIVE TREE HOUSE?
OLIVE TREE HOUSE is 141m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 50% of detached houses in Peldon, based on EPC data. The below chart shows the distribution of detached houses by size in Peldon, and where OLIVE TREE HOUSE lies on this distribution: 46% of detached houses are smaller than OLIVE TREE HOUSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Peldon.
