1, HALFACRES, WITHAM, CM8 1QX - £362,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 HALFACRES is a small extended semi-detached house of 93m², built sometime between 1976 and 1982. It was last sold for £362,500 in August 2022, which was around 32% below the average August 2022 detached price in the Braintree local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

1 HALFACRES Sold Prices

Land registry data shows three sales for 1 HALFACRES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the three 1 HALFACRES 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
2022 12 AUG	£362,500	£536,848	32% below HPI
2013 20 NOV	£220,000	£324,775	32% below HPI
2007 19 OCT	£215,000	£323,322	34% below HPI

1 HALFACRES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The three 1 HALFACRES sales between October 2007 and August 2022 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 November 2013 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2022 sale, which was also at 32% below the HPI.

How Large is 1 HALFACRES?

1 HALFACRES is 93m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% of detached houses in Witham, based on EPC data. The below chart shows the distribution of detached houses by size in Witham, and where 1 HALFACRES lies on this distribution: 22% of detached houses are smaller than 1 HALFACRES, and 78% of houses are larger. Note that EPC data is not available for all properties in Witham.

1 HALFACRES: Plot and Title Map

1 HALFACRES sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 1 HALFACRES, 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 1 HALFACRES). 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 1 HALFACRES?

1 HALFACRES is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 1 on HALFACRES.