2, STAINER CLOSE, WITHAM, CM8 1RU - £365,000

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 STAINER CLOSE is a midsized detached house of 112m², built sometime between 2003 and 2006. It was last sold for £365,000 in May 2015, which was around 2% below the average May 2015 detached price in the Braintree local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

2 STAINER CLOSE Sold Prices

Land registry data shows four sales for 2 STAINER CLOSE 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. Most of the four 2 STAINER CLOSE 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
2015 8 MAY	£365,000	£371,498	2% below HPI
2008 11 SEP	£278,000	£309,878	10% below HPI
2005 20 SEP	£294,995	£287,204	3% above HPI
2003 19 DEC	£250,000	£254,923	2% below HPI

2 STAINER CLOSE 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 STAINER CLOSE sales between December 2003 and May 2015 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 September 2008 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2015 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 2 STAINER CLOSE?

2 STAINER CLOSE is 112m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 50% 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 STAINER CLOSE lies on this distribution: 40% of detached houses are smaller than 2 STAINER CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Witham.

2 STAINER CLOSE: Plot and Title Map

2 STAINER CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 2 STAINER CLOSE, 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 STAINER CLOSE). 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 STAINER CLOSE?

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