32, ALBERT ROAD, WITHAM, CM8 2BS - £225,000

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

32 ALBERT ROAD is a small extended detached house of 92m², built sometime before 1900. It was last sold for £225,000 in November 2012, which was around 28% below the average November 2012 detached price in the Braintree local authority area. The most recent EPC inspection was June 2012, where the current energy rating was F, and the potential energy rating was C.

32 ALBERT ROAD Sold Prices

Land registry data shows two sales for 32 ALBERT ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two 32 ALBERT ROAD 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
2012 21 NOV	£225,000	£311,126	28% below HPI
2004 24 MAY	£201,000	£265,912	24% below HPI

32 ALBERT ROAD 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 two 32 ALBERT ROAD sales from May 2004 and November 2012 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 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2012 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 32 ALBERT ROAD?

32 ALBERT ROAD is 92m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the smallest 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 32 ALBERT ROAD lies on this distribution: 20% of detached houses are smaller than 32 ALBERT ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Witham.

32 ALBERT ROAD: Plot and Title Map

32 ALBERT ROAD sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 32 ALBERT ROAD, 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 32 ALBERT ROAD). 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 32 ALBERT ROAD?

32 ALBERT ROAD is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 32 on ALBERT ROAD.