17, ROWAN WAY, WITHAM, CM8 2LJ - £335,000

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

17 ROWAN WAY is a very small detached house of 69m², built sometime between 1967 and 1975. It was last sold for £335,000 in January 2022, which was around 34% below the average January 2022 detached price in the Braintree local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

17 ROWAN WAY Sold Prices

Land registry data shows three sales for 17 ROWAN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the three 17 ROWAN 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
2022 21 JAN	£335,000	£509,259	34% below HPI
2007 4 DEC	£191,250	£325,818	41% below HPI
2001 9 NOV	£90,000	£179,382	50% below HPI

17 ROWAN 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 three 17 ROWAN WAY sales between November 2001 and January 2022 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 December 2007 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the January 2022 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 17 ROWAN WAY?

17 ROWAN WAY is 69m² according to the EPC inspection conducted in September 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 17 ROWAN WAY lies on this distribution: 3% of detached houses are smaller than 17 ROWAN WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Witham.

17 ROWAN WAY: Plot and Title Map

17 ROWAN WAY sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 17 ROWAN 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 17 ROWAN 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 17 ROWAN WAY?

17 ROWAN WAY is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 17 on ROWAN WAY.