179, CRESSING ROAD, WITHAM, CM8 2SW - £147,500

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

179 CRESSING ROAD is a very small semi-detached house of 59m², built sometime between 1976 and 1982. It was last sold for £147,500 in April 2011, which was around 52% below the average April 2011 detached price in the Braintree local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

179 CRESSING ROAD Sold Prices

Land registry data shows three sales for 179 CRESSING ROAD 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 179 CRESSING 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
2011 20 APR	£147,500	£305,432	52% below HPI
2004 29 OCT	£140,000	£281,676	50% below HPI
1998 18 DEC	£56,000	£114,920	51% below HPI

179 CRESSING 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 three 179 CRESSING ROAD sales between December 1998 and April 2011 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 October 2004 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the April 2011 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 179 CRESSING ROAD?

179 CRESSING ROAD is 59m² according to the EPC inspection conducted in November 2010. 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 179 CRESSING ROAD lies on this distribution: 1% of detached houses are smaller than 179 CRESSING ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Witham.

179 CRESSING ROAD: Plot and Title Map

179 CRESSING ROAD sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 179 CRESSING 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 179 CRESSING 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 179 CRESSING ROAD?

179 CRESSING ROAD is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 179 on CRESSING ROAD.