15, ARMIGER WAY, WITHAM, CM8 2UY - £370,000

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

15 ARMIGER WAY is a small detached house of 108m², built sometime between 1983 and 1990. It was last sold for £370,000 in August 2016, which was around 14% below the average August 2016 detached price in the Braintree local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

15 ARMIGER WAY Sold Prices

Land registry data shows two sales for 15 ARMIGER WAY 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 15 ARMIGER WAY 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
2016 9 AUG	£370,000	£432,687	14% below HPI
1996 23 AUG	£85,750	£94,196	9% below HPI

15 ARMIGER WAY 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 15 ARMIGER WAY sales from August 1996 and August 2016 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 August 1996 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 15 ARMIGER WAY?

15 ARMIGER WAY is 108m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 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 15 ARMIGER WAY lies on this distribution: 36% of detached houses are smaller than 15 ARMIGER WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Witham.

15 ARMIGER WAY: Plot and Title Map

15 ARMIGER WAY sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 15 ARMIGER WAY, 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 15 ARMIGER WAY). 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 15 ARMIGER WAY?

15 ARMIGER WAY is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 15 on ARMIGER WAY.