KUMUSHA, VINE ROAD, TIPTREE, COLCHESTER, CO5 0LT - £215,000

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

KUMUSHA is a very large extended detached house of 206m², built sometime between 1967 and 1975. It was last sold for £215,000 in July 2012, which was around 25% below the average July 2012 detached price in the Colchester local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was C.

KUMUSHA Sold Prices

Land registry data shows two sales for KUMUSHA 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. One of the two KUMUSHA sales was for below the average price, whilst the other was 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
2012 27 JUL	£215,000	£287,955	25% below HPI
1995 18 MAY	£97,250	£90,235	8% above HPI

KUMUSHA 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 KUMUSHA sales from May 1995 and July 2012 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 May 1995 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2012 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is KUMUSHA?

KUMUSHA is 206m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 10% of detached houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptree, and where KUMUSHA lies on this distribution: 95% of detached houses are smaller than KUMUSHA, and 5% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

KUMUSHA: Plot and Title Map

KUMUSHA sits on a plot of roughly 0.229 of an acre, or 926m². The below map shows the location of KUMUSHA, 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 KUMUSHA). 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 KUMUSHA?

KUMUSHA is located on VINE ROAD in TIPTREE, in the CO5 postcode district. The below map shows the position of KUMUSHA on VINE ROAD.