SPRING COTTAGE, LOWER ROAD, PELDON, COLCHESTER, CO5 7PR - £800,000

SPRING COTTAGE is a large extended detached house of 182m², built sometime before 1900. It was last sold for £800,000 in June 2021, which was around 81% above the average June 2021 detached price in the Colchester local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

SPRING COTTAGE Sold Prices

Land registry data shows two sales for SPRING COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two SPRING COTTAGE 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 25 JUN	£800,000	£442,452	81% above HPI
2015 29 OCT	£680,000	£364,658	86% above HPI

SPRING COTTAGE 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 two SPRING COTTAGE sales from October 2015 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 October 2015 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the June 2021 sale, where it falls to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 182m², which includes three extensions, according to the EPC inspection conducted in July 2011. This puts it in the largest 40% of detached houses in Peldon, based on EPC data. The below chart shows the distribution of detached houses by size in Peldon, and where SPRING COTTAGE lies on this distribution: 63% of detached houses are smaller than SPRING COTTAGE, and 37% of houses are larger. Note that EPC data is not available for all properties in Peldon.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.313 of an acre, or 1,267m². The below map shows the location of SPRING COTTAGE, 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 SPRING COTTAGE). 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 SPRING COTTAGE?

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