24, TUMULUS WAY, COLCHESTER, CO2 9SD - £302,500

24 TUMULUS WAY is a very small detached house of 82m², built sometime between 1996 and 2002. It was last sold for £302,500 in November 2018, which was around 31% below the average November 2018 detached price in the Colchester local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

24 TUMULUS WAY Sold Prices

Land registry data shows three sales for 24 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 24 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
2018 2 NOV	£302,500	£437,007	31% below HPI
2001 11 MAY	£123,000	£156,204	21% below HPI
1998 28 AUG	£82,000	£111,246	26% below HPI

24 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 24 TUMULUS WAY sales between August 1998 and November 2018 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 2001 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 24 TUMULUS WAY?

24 TUMULUS WAY is 82m² according to the EPC inspection conducted in January 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 24 TUMULUS WAY lies on this distribution: 16% of detached houses are smaller than 24 TUMULUS WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Colchester.

24 TUMULUS WAY: Plot and Title Map

24 TUMULUS WAY sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 24 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 24 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 24 TUMULUS WAY?

24 TUMULUS WAY is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 24 on TUMULUS WAY.