118, MALTINGS LANE, WITHAM, CM8 1DP - £305,000

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

118 MALTINGS LANE is a large extended detached house of 135m², built sometime between 2003 and 2006. It was last sold for £305,000 in October 2008, which was around 2% below the average October 2008 detached price in the Braintree local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

118 MALTINGS LANE Sold Prices

Land registry data shows three sales for 118 MALTINGS LANE 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. One of the three 118 MALTINGS LANE sales was for below the average price, whilst two 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
2008 6 OCT	£305,000	£309,725	2% below HPI
2003 3 JUL	£299,950	£248,470	21% above HPI
2002 28 MAR	£241,812	£193,349	25% above HPI

118 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 three 118 MALTINGS LANE sales between March 2002 and October 2008 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 July 2003 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2008 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 118 MALTINGS LANE?

118 MALTINGS LANE is 135m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the largest 40% of detached houses in Witham, based on EPC data. The below chart shows the distribution of detached houses by size in Witham, and where 118 MALTINGS LANE lies on this distribution: 67% of detached houses are smaller than 118 MALTINGS LANE, and 32% of houses are larger. Note that EPC data is not available for all properties in Witham.

118 MALTINGS LANE: Plot and Title Map

118 MALTINGS LANE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 118 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 118 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 118 MALTINGS LANE?

118 MALTINGS LANE is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 118 on MALTINGS LANE.