21, ELGAR DRIVE, WITHAM, CM8 1DS - £607,000

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 ELGAR DRIVE is a large detached house of 146m², built sometime between 1996 and 2002. It was last sold for £607,000 in August 2022, which was around 13% above the average August 2022 detached price in the Braintree local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

21 ELGAR DRIVE Sold Prices

Land registry data shows five sales for 21 ELGAR DRIVE 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. Most of the five 21 ELGAR DRIVE sales were for above 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
2022 11 AUG	£607,000	£536,848	13% above HPI
2015 20 NOV	£389,995	£397,403	2% below HPI
2006 10 NOV	£345,000	£296,069	17% above HPI
2005 28 FEB	£319,000	£283,580	12% above HPI
2002 30 SEP	£285,000	£220,534	29% above HPI

21 ELGAR 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 five 21 ELGAR DRIVE sales between September 2002 and August 2022 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 November 2015 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2022 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 21 ELGAR DRIVE?

21 ELGAR DRIVE is 146m² according to the EPC inspection conducted in September 2014. This puts it in the largest 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 ELGAR DRIVE lies on this distribution: 77% of detached houses are smaller than 21 ELGAR DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Witham.

21 ELGAR DRIVE: Plot and Title Map

21 ELGAR DRIVE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 21 ELGAR 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 21 ELGAR 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 21 ELGAR DRIVE?

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