38, BENTON CLOSE, WITHAM, CM8 1JT - £255,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

38 BENTON CLOSE is a very small semi-detached house of 36m², built sometime between 1983 and 1990, which could now be worth an estimated £252,498. It was last sold for £255,000 in December 2022, which was around 25% below the average December 2022 semi-detached price in the Braintree local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was A.

38 BENTON CLOSE Sold Prices

Land registry data shows four sales for 38 BENTON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. All of the four 38 BENTON CLOSE 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
2022 5 DEC	£255,000	£339,825	25% below HPI
2015 30 APR	£162,000	£227,110	29% below HPI
2011 29 JUL	£145,000	£187,705	23% below HPI
2002 26 MAR	£99,950	£112,718	11% below HPI

38 BENTON CLOSE 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 four 38 BENTON CLOSE sales between March 2002 and December 2022 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 April 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 38 BENTON CLOSE be worth now?

38 BENTON CLOSE might now be worth an estimated £252,498.

This is based on house price deflation of 1%, between December 2022 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 1% deflationary decrease is applied to the most recent sale price for 38 BENTON CLOSE of £255,000 on 5th December 2022. For the value to have decreased from £255,000 to £252,498 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 38 BENTON CLOSE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The December 2022 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 38 BENTON CLOSE has not materially changed since December 2022.

How Large is 38 BENTON CLOSE?

38 BENTON CLOSE is 36m² according to the EPC inspection conducted in August 2022. 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 38 BENTON CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 38 BENTON CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Witham.

38 BENTON CLOSE: Plot and Title Map

38 BENTON CLOSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 38 BENTON CLOSE, 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 38 BENTON CLOSE). 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 38 BENTON CLOSE?

38 BENTON CLOSE is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 38 on BENTON CLOSE.