12, PEACE ROAD, STANWAY, COLCHESTER, CO3 0HT - £295,000

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.

12 PEACE ROAD is a very small semi-detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £334,707. It was last sold for £295,000 in December 2020, which was around 1% above the average December 2020 semi-detached price in the Colchester local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

12 PEACE ROAD Sold Prices

Land registry data shows two sales for 12 PEACE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. Both of the two 12 PEACE ROAD 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
2020 17 DEC	£295,000	£292,524	1% above HPI
2002 29 AUG	£139,000	£125,274	11% above HPI

12 PEACE ROAD 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 two 12 PEACE ROAD sales from August 2002 and December 2020 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 August 2002 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the December 2020 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 12 PEACE ROAD be worth now?

12 PEACE ROAD might now be worth an estimated £334,707.

This is based on house price inflation of 13.5%, between December 2020 and October 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 13.5% inflationary increase is applied to the most recent sale price for 12 PEACE ROAD of £295,000 on 17th December 2020. For the value to have increased from £295,000 to £334,707 over the five years and two months to October 2025, the following assumptions must hold true:

• The value of 12 PEACE ROAD has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The December 2020 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PEACE ROAD has not materially changed since December 2020.

How Large is 12 PEACE ROAD?

12 PEACE ROAD is 66m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of semi-detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Colchester, and where 12 PEACE ROAD lies on this distribution: 5% of semi-detached houses houses are smaller than 12 PEACE ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Colchester.

12 PEACE ROAD: Plot and Title Map

12 PEACE ROAD sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 12 PEACE ROAD, 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 12 PEACE ROAD). 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 12 PEACE ROAD?

12 PEACE ROAD is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 12 on PEACE ROAD.