3, ABERCORN WAY, WITHAM, CM8 2UF - £350,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 ABERCORN WAY is a very small extended detached house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £374,530. It was last sold for £350,000 in August 2024, which was around 35% below the average August 2024 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 four sales for 3 ABERCORN WAY 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 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
2024 22 AUG	£350,000	£539,700	35% below HPI
2018 23 OCT	£300,000	£497,785	40% below HPI
2000 20 DEC	£127,500	£166,628	23% below HPI
1998 29 JUN	£86,000	£117,786	27% 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 four 3 ABERCORN WAY sales between June 1998 and August 2024 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 2018 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2024 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 3 ABERCORN WAY be worth now?

3 ABERCORN WAY might now be worth an estimated £374,530.

This is based on house price inflation of 7%, between August 2024 and February 2025, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7% inflationary increase is applied to the most recent sale price for 3 ABERCORN WAY of £350,000 on 22nd August 2024. For the value to have increased from £350,000 to £374,530 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 3 ABERCORN WAY has moved in line with the HPI for detached houses in the Braintree local authority area.
• The August 2024 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ABERCORN WAY has not materially changed since August 2024.

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 10% of detached houses houses in Witham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Witham, and where 3 ABERCORN WAY lies on this distribution: 10% of detached houses houses are smaller than 3 ABERCORN WAY, and 90% 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.