THE PADDOCKS, LOWER ROAD, PELDON, COLCHESTER, CO5 7PR - £715,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

THE PADDOCKS is a very large extended detached house of 215m², built sometime between 2003 and 2006. It was last sold for £715,000 in October 2021, which was around 52% above the average October 2021 detached price in the Colchester local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

THE PADDOCKS Sold Prices

Land registry data shows three sales for THE PADDOCKS 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 THE PADDOCKS 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 20 OCT	£715,000	£469,018	52% above HPI
2010 9 APR	£477,000	£283,357	68% above HPI
2006 20 APR	£475,000	£278,657	70% above HPI

THE PADDOCKS 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 THE PADDOCKS sales between April 2006 and October 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 April 2010 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the October 2021 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is THE PADDOCKS?

THE PADDOCKS is 215m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 20% of detached houses in Peldon, based on EPC data. The below chart shows the distribution of detached houses by size in Peldon, and where THE PADDOCKS lies on this distribution: 85% of detached houses are smaller than THE PADDOCKS, and 15% of houses are larger. Note that EPC data is not available for all properties in Peldon.

THE PADDOCKS: Plot and Title Map

THE PADDOCKS sits on a plot of roughly 0.372 of an acre, or 1,504m². The below map shows the location of THE PADDOCKS, 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 THE PADDOCKS). 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 THE PADDOCKS?

THE PADDOCKS is located on LOWER ROAD in PELDON, in the CO5 postcode district. The below map shows the position of THE PADDOCKS on LOWER ROAD.