23, TUMULUS WAY, COLCHESTER, CO2 9SD - £350,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

23 TUMULUS WAY is a very small detached house of 78m², built sometime between 1996 and 2002. It was last sold for £350,000 in August 2023, which was around 30% below the average August 2023 detached price in the Colchester local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

23 TUMULUS WAY Sold Prices

Land registry data shows three sales for 23 TUMULUS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 23 TUMULUS WAY 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
2023 4 AUG	£350,000	£498,951	30% below HPI
2006 28 APR	£180,500	£278,657	35% below HPI
1998 28 AUG	£82,000	£111,246	26% below HPI

23 TUMULUS WAY 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 three 23 TUMULUS WAY sales between August 1998 and August 2023 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 April 2006 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2023 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 23 TUMULUS WAY?

23 TUMULUS WAY is 78m² according to the EPC inspection conducted in April 2019. 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 23 TUMULUS WAY lies on this distribution: 11% of detached houses are smaller than 23 TUMULUS WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Colchester.

23 TUMULUS WAY: Plot and Title Map

23 TUMULUS WAY sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 23 TUMULUS WAY, 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 23 TUMULUS WAY). 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 23 TUMULUS WAY?

23 TUMULUS WAY is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 23 on TUMULUS WAY.