21, CROSS ROAD, WITHAM, CM8 2NA - £115,000

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

21 CROSS ROAD is a small extended detached house of 97m², built sometime between 1967 and 1975. It was last sold for £115,000 in May 2002, which was around 43% below the average May 2002 detached price in the Braintree local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

21 CROSS ROAD Sold Prices

Land registry data shows two sales for 21 CROSS ROAD 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 21 CROSS 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
2002 31 MAY	£115,000	£200,737	43% below HPI
2001 12 APR	£85,000	£164,049	48% below HPI

21 CROSS 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 two 21 CROSS ROAD sales from April 2001 and May 2002 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 April 2001 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the May 2002 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 21 CROSS ROAD?

21 CROSS ROAD is 97m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 30% of detached houses in Witham, based on EPC data. The below chart shows the distribution of detached houses by size in Witham, and where 21 CROSS ROAD lies on this distribution: 26% of detached houses are smaller than 21 CROSS ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Witham.

21 CROSS ROAD: Plot and Title Map

21 CROSS ROAD sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 21 CROSS 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 21 CROSS 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 21 CROSS ROAD?

21 CROSS ROAD is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 21 on CROSS ROAD.