1, OLIVERS DRIVE, WITHAM, CM8 1QJ - £185,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 OLIVERS DRIVE is a very small semi-detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £329,659. It was last sold for £185,000 in October 2012, which was around 2% below the average October 2012 semi-detached price in the Braintree local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

1 OLIVERS DRIVE Sold Prices

Land registry data shows two sales for 1 OLIVERS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. Both of the two 1 OLIVERS DRIVE 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
2012 26 OCT	£185,000	£189,615	2% below HPI
1997 17 DEC	£62,000	£63,387	2% below HPI

1 OLIVERS DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The two 1 OLIVERS DRIVE sales from December 1997 and October 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 December 1997 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2012 sale, which was also at 2% below the HPI.

What might 1 OLIVERS DRIVE be worth now?

1 OLIVERS DRIVE might now be worth an estimated £329,659.

This is based on house price inflation of 78.2%, between October 2012 and December 2024, for semi-detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 78.2% inflationary increase is applied to the most recent sale price for 1 OLIVERS DRIVE of £185,000 on 26th October 2012. For the value to have increased from £185,000 to £329,659 over the eleven years and ten months to December 2024, the following assumptions must hold true:

• The value of 1 OLIVERS DRIVE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The October 2012 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OLIVERS DRIVE has not materially changed since October 2012.

How Large is 1 OLIVERS DRIVE?

1 OLIVERS DRIVE is 78m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 10% of semi-detached houses houses in Witham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Witham, and where 1 OLIVERS DRIVE lies on this distribution: 6% of semi-detached houses houses are smaller than 1 OLIVERS DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Witham.

1 OLIVERS DRIVE: Plot and Title Map

1 OLIVERS DRIVE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 1 OLIVERS DRIVE, 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 OLIVERS DRIVE). 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 OLIVERS DRIVE?

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