114, MALTINGS LANE, WITHAM, CM8 1DP - £637,500

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

114 MALTINGS LANE is a large detached house of 137m², built sometime between 1996 and 2002. It was last sold for £637,500 in October 2022, which was around 16% above the average October 2022 detached price in the Braintree local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

114 MALTINGS LANE Sold Prices

Land registry data shows two sales for 114 MALTINGS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two 114 MALTINGS LANE sales were 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
2022 24 OCT	£637,500	£549,494	16% above HPI
2002 23 AUG	£285,000	£213,211	34% above HPI

114 MALTINGS LANE 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 two 114 MALTINGS LANE sales from August 2002 and October 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 August 2002 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the October 2022 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 114 MALTINGS LANE?

114 MALTINGS LANE is 137m² according to the EPC inspection conducted in May 2022. This puts it in the largest 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 114 MALTINGS LANE lies on this distribution: 69% of detached houses are smaller than 114 MALTINGS LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Witham.

114 MALTINGS LANE: Plot and Title Map

114 MALTINGS LANE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 114 MALTINGS LANE, 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 114 MALTINGS LANE). 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 114 MALTINGS LANE?

114 MALTINGS LANE is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 114 on MALTINGS LANE.