118, NEWLAND STREET, WITHAM, CM8 1BA - £340,000

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

118 NEWLAND STREET is a large extended detached house of 134m², built sometime before 1900, which could now be worth an estimated £391,652. It was last sold for £340,000 in June 2021, which was around 32% below the average June 2021 detached price in the Braintree local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was E.

118 NEWLAND STREET Sold Prices

Land registry data shows three sales for 118 NEWLAND STREET 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. Two of the three 118 NEWLAND STREET sales were for below the average price, whilst one was 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
2021 25 JUN	£340,000	£501,361	32% below HPI
2006 30 MAY	£282,000	£300,093	6% below HPI
1998 12 JUN	£148,999	£117,786	26% above HPI

118 NEWLAND STREET 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 NEWLAND STREET sales between June 1998 and June 2021 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 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 118 NEWLAND STREET be worth now?

118 NEWLAND STREET might now be worth an estimated £391,652.

This is based on house price inflation of 15.2%, between June 2021 and February 2025, for 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 15.2% inflationary increase is applied to the most recent sale price for 118 NEWLAND STREET of £340,000 on 25th June 2021. For the value to have increased from £340,000 to £391,652 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 118 NEWLAND STREET has moved in line with the HPI for detached houses in the Braintree local authority area.
• The June 2021 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 118 NEWLAND STREET has not materially changed since June 2021.

How Large is 118 NEWLAND STREET?

118 NEWLAND STREET is 134m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the largest 40% of detached houses houses in Witham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Witham, and where 118 NEWLAND STREET lies on this distribution: 68% of detached houses houses are smaller than 118 NEWLAND STREET, and 32% of houses are larger. Note that EPC data is not available for all properties in Witham.

118 NEWLAND STREET: Plot and Title Map

118 NEWLAND STREET sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 118 NEWLAND STREET, 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 NEWLAND STREET). 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 NEWLAND STREET?

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