3, ABERCORN WAY, WITHAM, CM8 2UF - £300,000

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

3 ABERCORN WAY is a very small extended detached house of 84m², built sometime between 1996 and 2002. It was last sold for £300,000 in October 2018, which was around 37% below the average October 2018 detached price in the Braintree local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

3 ABERCORN WAY Sold Prices

Land registry data shows three sales for 3 ABERCORN WAY 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. All of the three 3 ABERCORN WAY 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
2018 23 OCT	£300,000	£475,923	37% below HPI
2000 20 DEC	£127,500	£159,310	20% below HPI
1998 29 JUN	£86,000	£112,613	24% below HPI

3 ABERCORN WAY 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 3 ABERCORN WAY sales between June 1998 and October 2018 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 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2018 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 3 ABERCORN WAY?

3 ABERCORN WAY is 84m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 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 3 ABERCORN WAY lies on this distribution: 10% of detached houses are smaller than 3 ABERCORN WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Witham.

3 ABERCORN WAY: Plot and Title Map

3 ABERCORN WAY sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 3 ABERCORN WAY, 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 3 ABERCORN WAY). 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 3 ABERCORN WAY?

3 ABERCORN WAY is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 3 on ABERCORN WAY.