18, THE PADDOCKS, WITHAM, CM8 2DR - £440,000

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 THE PADDOCKS is a small detached house of 108m², built sometime between 1991 and 1995. It was last sold for £440,000 in October 2020, which was around 10% below the average October 2020 detached price in the Braintree local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

18 THE PADDOCKS Sold Prices

Land registry data shows two sales for 18 THE PADDOCKS 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 18 THE PADDOCKS 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
2020 30 OCT	£440,000	£487,278	10% below HPI
2013 12 APR	£285,000	£299,125	5% below HPI

18 THE PADDOCKS 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 18 THE PADDOCKS sales from April 2013 and October 2020 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 April 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 18 THE PADDOCKS?

18 THE PADDOCKS is 108m² according to the EPC inspection conducted in October 2012. 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 18 THE PADDOCKS lies on this distribution: 36% of detached houses are smaller than 18 THE PADDOCKS, and 63% of houses are larger. Note that EPC data is not available for all properties in Witham.

18 THE PADDOCKS: Plot and Title Map

18 THE PADDOCKS sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 18 THE PADDOCKS, 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 THE PADDOCKS). 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 THE PADDOCKS?

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