2, NEWPOTS CLOSE, PELDON, COLCHESTER, CO5 7PP - £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.

2 NEWPOTS CLOSE is a very small detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £359,394. It was last sold for £220,000 in August 2007, which was around 29% below the average August 2007 detached price in the Colchester local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

2 NEWPOTS CLOSE Sold Prices

Land registry data shows one sale for 2 NEWPOTS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Colchester local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 15 AUG	£220,000	£308,475	29% below HPI

What might 2 NEWPOTS CLOSE be worth now?

2 NEWPOTS CLOSE might now be worth an estimated £359,394.

This is based on house price inflation of 63.4%, between August 2007 and April 2026, for 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 63.4% inflationary increase is applied to the most recent sale price for 2 NEWPOTS CLOSE of £220,000 on 15th August 2007. For the value to have increased from £220,000 to £359,394 over the nineteen years and four months to April 2026, the following assumptions must hold true:

• The value of 2 NEWPOTS CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The August 2007 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NEWPOTS CLOSE has not materially changed since August 2007.

How Large is 2 NEWPOTS CLOSE?

2 NEWPOTS CLOSE is 84m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 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 2 NEWPOTS CLOSE lies on this distribution: 13% of detached houses are smaller than 2 NEWPOTS CLOSE, and 87% of detached houses are larger. Note that EPC data is not available for all properties in Peldon.

2 NEWPOTS CLOSE: Plot

2 NEWPOTS CLOSE sits on a plot of roughly 0.159 of an acre, or 643m².

Where is 2 NEWPOTS CLOSE?

2 NEWPOTS CLOSE is located in PELDON, in the CO5 postcode district.