29, ELGAR DRIVE, WITHAM, CM8 1DS - £531,000

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

29 ELGAR DRIVE is a very large detached house of 162m², built sometime between 1996 and 2002. It was last sold for £531,000 in April 2020, which was around 12% above the average April 2020 detached price in the Braintree local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

29 ELGAR DRIVE Sold Prices

Land registry data shows two sales for 29 ELGAR DRIVE 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 29 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
2020 9 APR	£531,000	£473,638	12% above HPI
2002 20 DEC	£325,000	£236,934	37% above HPI

29 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 two 29 ELGAR DRIVE sales from December 2002 and April 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 December 2002 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the April 2020 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 29 ELGAR DRIVE?

29 ELGAR DRIVE is 162m² according to the EPC inspection conducted in October 2019. This puts it in the largest 20% of detached houses in Witham, based on EPC data. The below chart shows the distribution of detached houses by size in Witham, and where 29 ELGAR DRIVE lies on this distribution: 85% of detached houses are smaller than 29 ELGAR DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Witham.

29 ELGAR DRIVE: Plot and Title Map

29 ELGAR DRIVE sits on a plot of roughly 0.163 of an acre, or 661m². The below map shows the location of 29 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 29 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 29 ELGAR DRIVE?

29 ELGAR DRIVE is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 29 on ELGAR DRIVE.