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 PONDHOLTON DRIVE is a large extended detached house of 142m², built sometime between 1967 and 1975. It was last sold for £305,000 in July 2008, which was around 2% below the average July 2008 detached price in the Braintree local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 3 PONDHOLTON DRIVE since 1st 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 PONDHOLTON DRIVE 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 |
---|---|---|---|
2008 23 JUL | £305,000 | £312,384 | 2% below HPI |
2003 2 MAY | £171,995 | £247,623 | 31% below HPI |
2001 6 JUL | £125,000 | £172,532 | 28% below HPI |
1999 27 OCT | £92,000 | £129,876 | 29% below HPI |
The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The four 3 PONDHOLTON DRIVE sales between October 1999 and July 2008 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 May 2003 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2008 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.
3 PONDHOLTON DRIVE is 142m², which includes two extensions, according to the EPC inspection conducted in June 2019. 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 3 PONDHOLTON DRIVE lies on this distribution: 73% of detached houses are smaller than 3 PONDHOLTON DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Witham.
3 PONDHOLTON DRIVE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 3 PONDHOLTON 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 3 PONDHOLTON 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.
3 PONDHOLTON DRIVE is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 3 on PONDHOLTON DRIVE.