28, SCARLETTS CLOSE, WITHAM, CM8 1QW - £495,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

28 SCARLETTS CLOSE is a small detached house of 100m², built sometime between 2003 and 2006. It was last sold for £495,000 in June 2022, which was around 7% below the average June 2022 detached price in the Braintree local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

28 SCARLETTS CLOSE Sold Prices

Land registry data shows three sales for 28 SCARLETTS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Two of the three 28 SCARLETTS CLOSE sales were for below the average price, whilst one was 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 28 JUN	£495,000	£529,767	7% below HPI
2011 13 OCT	£249,999	£310,755	20% below HPI
2004 20 DEC	£350,000	£282,641	24% above HPI

28 SCARLETTS 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 three 28 SCARLETTS CLOSE sales between December 2004 and June 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 October 2011 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 28 SCARLETTS CLOSE?

28 SCARLETTS CLOSE is 100m² according to the EPC inspection conducted in October 2021. 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 28 SCARLETTS CLOSE lies on this distribution: 28% of detached houses are smaller than 28 SCARLETTS CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Witham.

28 SCARLETTS CLOSE: Plot and Title Map

28 SCARLETTS CLOSE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 28 SCARLETTS 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 28 SCARLETTS 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 28 SCARLETTS CLOSE?

28 SCARLETTS CLOSE is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 28 on SCARLETTS CLOSE.