8, PEPPERCORN CLOSE, COLCHESTER, CO4 5WS - £280,000

8 PEPPERCORN CLOSE is a very small extended detached house of 79m², built sometime between 1996 and 2002. It was last sold for £280,000 in July 2016, which was around 28% below the average July 2016 detached price in the Colchester local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

8 PEPPERCORN CLOSE Sold Prices

Land registry data shows five sales for 8 PEPPERCORN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the five 8 PEPPERCORN CLOSE sales were for below 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
2016 7 JUL	£280,000	£389,996	28% below HPI
2004 6 DEC	£188,500	£265,516	29% below HPI
2001 6 JUL	£126,000	£163,344	23% below HPI
1999 30 SEP	£88,500	£123,279	28% below HPI
1997 26 SEP	£84,750	£100,032	15% below HPI

8 PEPPERCORN CLOSE 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 five 8 PEPPERCORN CLOSE sales between September 1997 and July 2016 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 2004 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2016 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 8 PEPPERCORN CLOSE?

8 PEPPERCORN CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 8 PEPPERCORN CLOSE lies on this distribution: 13% of detached houses are smaller than 8 PEPPERCORN CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Colchester.

8 PEPPERCORN CLOSE: Plot and Title Map

8 PEPPERCORN CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 8 PEPPERCORN 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 8 PEPPERCORN 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 8 PEPPERCORN CLOSE?

8 PEPPERCORN CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 8 on PEPPERCORN CLOSE.