2, BRAINTREE ROAD, WITHAM, CM8 2DD - £408,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 BRAINTREE ROAD is a small detached house of 98m², built sometime between 1930 and 1949, which could now be worth an estimated £413,318. It was last sold for £408,000 in February 2023, which was around 28% below the average February 2023 detached price in the Braintree local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

2 BRAINTREE ROAD Sold Prices

Land registry data shows five sales for 2 BRAINTREE ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the five 2 BRAINTREE 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
2023 6 FEB	£408,000	£570,095	28% below HPI
2009 24 JUN	£210,000	£276,799	24% below HPI
2000 1 MAY	£116,000	£146,472	21% below HPI
1999 16 JUL	£88,500	£129,771	32% below HPI
1998 30 APR	£73,500	£114,300	36% below HPI

2 BRAINTREE 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 five 2 BRAINTREE ROAD sales between April 1998 and February 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 June 2009 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 2 BRAINTREE ROAD be worth now?

2 BRAINTREE ROAD might now be worth an estimated £413,318.

This is based on house price inflation of 1.3%, between February 2023 and February 2025, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.3% inflationary increase is applied to the most recent sale price for 2 BRAINTREE ROAD of £408,000 on 6th February 2023. For the value to have increased from £408,000 to £413,318 over the two years to February 2025, the following assumptions must hold true:

• The value of 2 BRAINTREE ROAD has moved in line with the HPI for detached houses in the Braintree local authority area.
• The February 2023 sale price of £408,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BRAINTREE ROAD has not materially changed since February 2023.

How Large is 2 BRAINTREE ROAD?

2 BRAINTREE ROAD is 98m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% of detached houses houses in Witham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Witham, and where 2 BRAINTREE ROAD lies on this distribution: 28% of detached houses houses are smaller than 2 BRAINTREE ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Witham.

2 BRAINTREE ROAD: Plot and Title Map

2 BRAINTREE ROAD sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 2 BRAINTREE 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 2 BRAINTREE 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 2 BRAINTREE ROAD?

2 BRAINTREE ROAD is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 2 on BRAINTREE ROAD.