34, ELGAR DRIVE, WITHAM, CM8 1QD - £293,000

34 ELGAR DRIVE is a very small extended detached house of 70m², built sometime between 2003 and 2006. It was last sold for £293,000 in May 2021, which was around 39% below the average May 2021 detached price in the Braintree local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

34 ELGAR DRIVE Sold Prices

Land registry data shows four sales for 34 ELGAR DRIVE 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 34 ELGAR 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
2021 21 MAY	£293,000	£477,527	39% below HPI
2017 20 SEP	£284,000	£459,674	38% below HPI
2004 2 DEC	£167,000	£282,641	41% below HPI
2003 23 MAY	£162,500	£247,623	34% below HPI

34 ELGAR DRIVE 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 34 ELGAR DRIVE sales between May 2003 and May 2021 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 September 2017 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 34 ELGAR DRIVE?

34 ELGAR DRIVE is 70m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of detached houses in Witham, based on EPC data. The below chart shows the distribution of detached houses by size in Witham, and where 34 ELGAR DRIVE lies on this distribution: 4% of detached houses are smaller than 34 ELGAR DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Witham.

34 ELGAR DRIVE: Plot and Title Map

34 ELGAR DRIVE sits on a plot of roughly 0.041 of an acre, or 168m². The below map shows the location of 34 ELGAR 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 34 ELGAR 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.

Where is 34 ELGAR DRIVE?

34 ELGAR DRIVE is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 34 on ELGAR DRIVE.