15A, ALBERT ROAD, WITHAM, CM8 2BS - £350,000

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

15A ALBERT ROAD is a small detached house of 111m², built sometime between 1967 and 1975. It was last sold for £350,000 in May 2021, which was around 27% below the average May 2021 detached price in the Braintree local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

15A ALBERT ROAD Sold Prices

Land registry data shows two sales for 15A ALBERT ROAD 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 15A ALBERT 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
2021 14 MAY	£350,000	£477,527	27% below HPI
1998 7 JUL	£76,000	£114,112	33% below HPI

15A ALBERT ROAD 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 15A ALBERT ROAD sales from July 1998 and May 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 July 1998 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 15A ALBERT ROAD?

15A ALBERT ROAD is 111m² according to the EPC inspection conducted in August 2014. 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 15A ALBERT ROAD lies on this distribution: 38% of detached houses are smaller than 15A ALBERT ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Witham.

15A ALBERT ROAD: Plot and Title Map

15A ALBERT ROAD sits on a plot of roughly 0.092 of an acre, or 370m². The below map shows the location of 15A ALBERT 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 15A ALBERT 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.

Where is 15A ALBERT ROAD?

15A ALBERT ROAD is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 15A on ALBERT ROAD.