19, OLIVERS DRIVE, WITHAM, CM8 1QJ - £420,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

19 OLIVERS DRIVE is a small detached house of 110m², built sometime between 1967 and 1975. It was last sold for £420,000 in July 2023, which was around 23% below the average July 2023 detached price in the Braintree local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

19 OLIVERS DRIVE Sold Prices

Land registry data shows two sales for 19 OLIVERS DRIVE 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 19 OLIVERS DRIVE 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 21 JUL	£420,000	£546,596	23% below HPI
2022 14 OCT	£410,000	£549,494	25% below HPI

19 OLIVERS DRIVE 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 19 OLIVERS DRIVE sales from October 2022 and July 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 October 2022 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2023 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 19 OLIVERS DRIVE?

19 OLIVERS DRIVE is 110m² according to the EPC inspection conducted in July 2022. 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 19 OLIVERS DRIVE lies on this distribution: 38% of detached houses are smaller than 19 OLIVERS DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Witham.

19 OLIVERS DRIVE: Plot and Title Map

19 OLIVERS DRIVE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 19 OLIVERS DRIVE, 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 19 OLIVERS DRIVE). 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 19 OLIVERS DRIVE?

19 OLIVERS DRIVE is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 19 on OLIVERS DRIVE.