14, BROWN CLOSE, WITHAM, CM8 2GJ - £445,000

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

14 BROWN CLOSE is a midsized detached house of 115m². It was last sold for £445,000 in July 2023, which was around 19% below the average July 2023 detached price in the Braintree local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was A.

14 BROWN CLOSE Sold Prices

Land registry data shows two sales for 14 BROWN CLOSE 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 14 BROWN CLOSE 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
2023 26 JUL	£445,000	£546,596	19% below HPI
2018 27 JUL	£384,995	£473,112	19% below HPI

14 BROWN CLOSE 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 14 BROWN CLOSE sales from July 2018 and July 2023 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 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2023 sale, which was also at 19% below the HPI.

How Large is 14 BROWN CLOSE?

14 BROWN CLOSE is 115m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 50% of detached houses in Witham, based on EPC data. The below chart shows the distribution of detached houses by size in Witham, and where 14 BROWN CLOSE lies on this distribution: 44% of detached houses are smaller than 14 BROWN CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Witham.

14 BROWN CLOSE: Plot and Title Map

14 BROWN CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 14 BROWN CLOSE, 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 14 BROWN CLOSE). 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 14 BROWN CLOSE?

14 BROWN CLOSE is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 14 on BROWN CLOSE.