12, WILLOW RISE, WITHAM, CM8 2LL - £249,000

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

12 WILLOW RISE is a very small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £249,000 in December 2014, which was around 30% below the average December 2014 detached price in the Braintree local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

12 WILLOW RISE Sold Prices

Land registry data shows two sales for 12 WILLOW RISE 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 12 WILLOW RISE 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
2014 12 DEC	£249,000	£354,210	30% below HPI
1997 23 JUL	£79,000	£101,209	22% below HPI

12 WILLOW RISE 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 12 WILLOW RISE sales from July 1997 and December 2014 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 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2014 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 12 WILLOW RISE?

12 WILLOW RISE is 83m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses in Witham, based on EPC data. The below chart shows the distribution of detached houses by size in Witham, and where 12 WILLOW RISE lies on this distribution: 10% of detached houses are smaller than 12 WILLOW RISE, and 90% of houses are larger. Note that EPC data is not available for all properties in Witham.

12 WILLOW RISE: Plot and Title Map

12 WILLOW RISE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 12 WILLOW RISE, 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 12 WILLOW RISE). 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 12 WILLOW RISE?

12 WILLOW RISE is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 12 on WILLOW RISE.