6, PEAKES CLOSE, TIPTREE, COLCHESTER, CO5 0PD - £342,500

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.

6 PEAKES CLOSE is a small semi-detached house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £334,017. It was last sold for £342,500 in November 2022, which was around 1% above the average November 2022 semi-detached price in the Colchester local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was B.

6 PEAKES CLOSE Sold Prices

Land registry data shows one sale for 6 PEAKES CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2022 20 NOV	£342,500	£340,187	1% above HPI

What might 6 PEAKES CLOSE be worth now?

6 PEAKES CLOSE might now be worth an estimated £334,017.

This is based on house price deflation of 2.5%, between November 2022 and May 2026, 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 2.5% deflationary decrease is applied to the most recent sale price for 6 PEAKES CLOSE of £342,500 on 20th November 2022. For the value to have decreased from £342,500 to £334,017 over the four years and six months to May 2026, the following assumptions must hold true:

• The value of 6 PEAKES CLOSE has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The November 2022 sale price of £342,500 represented a fair market value for the property.
• The size, condition, and specification of 6 PEAKES CLOSE has not materially changed since November 2022.

How Large is 6 PEAKES CLOSE?

6 PEAKES CLOSE is 80m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 40% of semi-detached houses in Tiptree, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Tiptree, and where 6 PEAKES CLOSE lies on this distribution: 35% of semi-detached houses are smaller than 6 PEAKES CLOSE, and 61% of semi-detached houses are larger. Note that EPC data is not available for all properties in Tiptree.

6 PEAKES CLOSE: Plot

6 PEAKES CLOSE sits on a plot of roughly 0.084 of an acre, or 340m².

Where is 6 PEAKES CLOSE?

6 PEAKES CLOSE is located in TIPTREE, in the CO5 postcode district.