58, PETO AVENUE, COLCHESTER, CO4 5WJ - £220,000

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.

58 PETO AVENUE is a very small terraced house of 50m², built sometime between 2003 and 2006, which could now be worth an estimated £246,896. It was last sold for £220,000 in June 2021, which was around 6% below the average June 2021 terraced price in the Colchester local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was A.

58 PETO AVENUE Sold Prices

Land registry data shows four sales for 58 PETO AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Colchester local authority area for the corresponding sale date. Most of the four 58 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
2021 29 JUN	£220,000	£234,924	6% below HPI
2004 30 MAR	£131,000	£124,650	5% above HPI
2001 14 DEC	£91,000	£81,409	12% above HPI
1996 23 DEC	£54,000	£43,990	23% above HPI

58 PETO AVENUE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Colchester local authority area over time, sourced from the HPI. The four 58 PETO AVENUE sales between December 1996 and June 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 March 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 58 PETO AVENUE be worth now?

58 PETO AVENUE might now be worth an estimated £246,896.

This is based on house price inflation of 12.2%, between June 2021 and July 2025, for terraced 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 12.2% inflationary increase is applied to the most recent sale price for 58 PETO AVENUE of £220,000 on 29th June 2021. For the value to have increased from £220,000 to £246,896 over the three years and eleven months to July 2025, the following assumptions must hold true:

• The value of 58 PETO AVENUE has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The June 2021 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 58 PETO AVENUE has not materially changed since June 2021.

How Large is 58 PETO AVENUE?

58 PETO AVENUE is 50m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of terraced houses houses in Colchester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Colchester, and where 58 PETO AVENUE lies on this distribution: 1% of terraced houses houses are smaller than 58 PETO AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Colchester.

58 PETO AVENUE: Plot and Title Map

58 PETO AVENUE sits on a plot of roughly 0.028 of an acre, or 114m². The below map shows the location of 58 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 58 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 58 PETO AVENUE?

58 PETO AVENUE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 58 on PETO AVENUE.