2, EVANS WAY, WITHAM, CM8 2FX - £425,000

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

2 EVANS WAY is a very small detached house of 89m². It was last sold for £425,000 in July 2023, which was around 22% below the average July 2023 detached price in the Braintree local authority area. The most recent EPC inspection was February 2019, where the current energy rating was B, and the potential energy rating was A.

2 EVANS WAY Sold Prices

Land registry data shows two sales for 2 EVANS WAY 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 2 EVANS 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 24 JUL	£425,000	£546,596	22% below HPI
2019 28 FEB	£349,995	£476,898	27% below HPI

2 EVANS 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 two 2 EVANS WAY sales from February 2019 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 February 2019 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2023 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 2 EVANS WAY?

2 EVANS WAY is 89m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% of detached houses in Witham, based on EPC data. The below chart shows the distribution of detached houses by size in Witham, and where 2 EVANS WAY lies on this distribution: 15% of detached houses are smaller than 2 EVANS WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Witham.

2 EVANS WAY: Plot and Title Map

2 EVANS WAY sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 2 EVANS 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 2 EVANS 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 2 EVANS WAY?

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