29, THE AVENUE, WITHAM, CM8 2DN - £495,000

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 THE AVENUE is a large extended detached house of 151m², built sometime between 1930 and 1949. It was last sold for £495,000 in May 2015, which was around 33% above the average May 2015 detached price in the Braintree local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was D.

29 THE AVENUE Sold Prices

Land registry data shows four sales for 29 THE AVENUE 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. All of the four 29 THE AVENUE 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
2015 18 MAY	£495,000	£371,498	33% above HPI
2013 30 JAN	£450,000	£309,372	45% above HPI
2004 30 JAN	£295,000	£255,968	15% above HPI
1999 21 DEC	£135,000	£131,915	2% above HPI

29 THE AVENUE 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 29 THE AVENUE sales between December 1999 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 January 2013 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the May 2015 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 29 THE AVENUE?

29 THE AVENUE is 151m², which includes two extensions, according to the EPC inspection conducted in December 2010. 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 29 THE AVENUE lies on this distribution: 79% of detached houses are smaller than 29 THE AVENUE, and 21% of houses are larger. Note that EPC data is not available for all properties in Witham.

29 THE AVENUE: Plot and Title Map

29 THE AVENUE sits on a plot of roughly 0.170 of an acre, or 690m². The below map shows the location of 29 THE AVENUE, 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 THE AVENUE). 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 THE AVENUE?

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