SPRINGFIELD, LOWER ROAD, PELDON, COLCHESTER, CO5 7PR - £270,000

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.

SPRINGFIELD is a detached house, which could now be worth an estimated £514,439. It was last sold for £270,000 in January 2005, which was around 2% above the average January 2005 detached price in the Colchester local authority area.

SPRINGFIELD Sold Prices

Land registry data shows one sale for SPRINGFIELD 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
2005 7 JAN	£270,000	£264,483	2% above HPI

What might SPRINGFIELD be worth now?

SPRINGFIELD might now be worth an estimated £514,439.

This is based on house price inflation of 90.5%, between January 2005 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 90.5% inflationary increase is applied to the most recent sale price for SPRINGFIELD of £270,000 on 7th January 2005. For the value to have increased from £270,000 to £514,439 over the twenty years and nine months to April 2026, the following assumptions must hold true:

• The value of SPRINGFIELD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The January 2005 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGFIELD has not materially changed since January 2005.

Where is SPRINGFIELD?

SPRINGFIELD is located on LOWER ROAD in PELDON, in the CO5 postcode district.