2, PONDHOLTON DRIVE, WITHAM, CM8 1QG - £335,000

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 PONDHOLTON DRIVE is a small detached house of 105m², built sometime between 1950 and 1966. It was last sold for £335,000 in February 2020, which was around 29% below the average February 2020 detached price in the Braintree local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

2 PONDHOLTON DRIVE Sold Prices

Land registry data shows four sales for 2 PONDHOLTON DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the four 2 PONDHOLTON 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
2020 13 FEB	£335,000	£471,165	29% below HPI
2014 7 MAR	£290,000	£328,500	12% below HPI
2012 11 JAN	£215,000	£307,562	30% below HPI
1996 8 JAN	£85,000	£91,677	7% below HPI

2 PONDHOLTON 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 four 2 PONDHOLTON DRIVE sales between January 1996 and February 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 March 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2 PONDHOLTON DRIVE?

2 PONDHOLTON DRIVE is 105m² according to the EPC inspection conducted in July 2011. 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 2 PONDHOLTON DRIVE lies on this distribution: 34% of detached houses are smaller than 2 PONDHOLTON DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Witham.

2 PONDHOLTON DRIVE: Plot and Title Map

2 PONDHOLTON DRIVE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 2 PONDHOLTON 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 2 PONDHOLTON 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 2 PONDHOLTON DRIVE?

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