18, BAKER WAY, WITHAM, CM8 1UG - £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

18 BAKER WAY is a very small extended detached house of 83m², built sometime between 2003 and 2006. It was last sold for £350,000 in June 2023, which was around 36% below the average June 2023 detached price in the Braintree local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

18 BAKER WAY Sold Prices

Land registry data shows three sales for 18 BAKER 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 18 BAKER 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
2023 26 JUN	£350,000	£543,398	36% below HPI
2013 8 NOV	£228,000	£324,775	30% below HPI
2007 19 JAN	£215,500	£300,281	28% below HPI

18 BAKER 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 18 BAKER WAY sales between January 2007 and June 2023 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 November 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2023 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 18 BAKER WAY?

18 BAKER WAY is 83m², which includes one extension, according to the EPC inspection conducted in June 2023. 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 18 BAKER WAY lies on this distribution: 10% of detached houses are smaller than 18 BAKER WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Witham.

18 BAKER WAY: Plot and Title Map

18 BAKER WAY sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 18 BAKER 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 18 BAKER 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 18 BAKER WAY?

18 BAKER WAY is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 18 on BAKER WAY.