3, KING EDWARD WAY, WITHAM, CM8 1NJ - £276,000

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 KING EDWARD WAY is a very small semi-detached house of 83m², built sometime between 1976 and 1982, which could now be worth an estimated £277,136. It was last sold for £276,000 in April 2023, which was around 18% below the average April 2023 semi-detached price in the Braintree local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

3 KING EDWARD WAY Sold Prices

Land registry data shows five sales for 3 KING EDWARD WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. All of the five 3 KING EDWARD 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
2023 21 APR	£276,000	£335,112	18% below HPI
2014 7 MAR	£174,000	£201,586	14% below HPI
2006 23 OCT	£145,000	£186,845	22% below HPI
2002 26 NOV	£97,000	£136,399	29% below HPI
2001 26 OCT	£74,250	£102,060	27% below HPI

3 KING EDWARD WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The five 3 KING EDWARD WAY sales between October 2001 and April 2023 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 March 2014 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2023 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 3 KING EDWARD WAY be worth now?

3 KING EDWARD WAY might now be worth an estimated £277,136.

This is based on house price inflation of 0.4%, between April 2023 and February 2025, for semi-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 0.4% inflationary increase is applied to the most recent sale price for 3 KING EDWARD WAY of £276,000 on 21st April 2023. For the value to have increased from £276,000 to £277,136 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of 3 KING EDWARD WAY has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The April 2023 sale price of £276,000 represented a fair market value for the property.
• The size, condition, and specification of 3 KING EDWARD WAY has not materially changed since April 2023.

How Large is 3 KING EDWARD WAY?

3 KING EDWARD WAY is 83m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of semi-detached houses houses in Witham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Witham, and where 3 KING EDWARD WAY lies on this distribution: 9% of semi-detached houses houses are smaller than 3 KING EDWARD WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Witham.

3 KING EDWARD WAY: Plot and Title Map

3 KING EDWARD WAY sits on a plot of roughly 0.019 of an acre, or 78m². The below map shows the location of 3 KING EDWARD 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 KING EDWARD 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 KING EDWARD WAY?

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