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 RICKSTONES ROAD is a very small extended detached house of 72m², built sometime between 1930 and 1949. It was last sold for £160,000 in November 2005, which was around 43% below the average November 2005 detached price in the Braintree local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 14 RICKSTONES ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the four 14 RICKSTONES ROAD 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 |
---|---|---|---|
2005 24 NOV | £160,000 | £281,815 | 43% below HPI |
2005 13 MAY | £150,000 | £274,006 | 45% below HPI |
2001 3 AUG | £135,000 | £174,737 | 23% below HPI |
1997 18 SEP | £75,000 | £102,701 | 27% below HPI |
The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The four 14 RICKSTONES ROAD sales between September 1997 and November 2005 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 2005 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2005 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.
14 RICKSTONES ROAD is 72m², which includes two extensions, according to the EPC inspection conducted in June 2021. 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 14 RICKSTONES ROAD lies on this distribution: 4% of detached houses are smaller than 14 RICKSTONES ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Witham.
14 RICKSTONES ROAD sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 14 RICKSTONES ROAD, 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 RICKSTONES ROAD). 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.
14 RICKSTONES ROAD is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 14 on RICKSTONES ROAD.