4, CHELMER ROAD, WITHAM, CM8 2EU - £272,500

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

4 CHELMER ROAD is a very small detached house of 67m², built sometime between 1950 and 1966. It was last sold for £272,500 in March 2014, which was around 17% below the average March 2014 detached price in the Braintree local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

4 CHELMER ROAD Sold Prices

Land registry data shows four sales for 4 CHELMER ROAD 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 4 CHELMER 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
2014 14 MAR	£272,500	£328,500	17% below HPI
2011 25 JUL	£210,000	£305,608	31% below HPI
2009 10 JUL	£195,000	£269,352	28% below HPI
1997 5 SEP	£82,500	£102,701	20% below HPI

4 CHELMER 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 four 4 CHELMER ROAD sales between September 1997 and March 2014 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 July 2011 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2014 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 4 CHELMER ROAD?

4 CHELMER ROAD is 67m² according to the EPC inspection conducted in November 2013. 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 4 CHELMER ROAD lies on this distribution: 2% of detached houses are smaller than 4 CHELMER ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Witham.

4 CHELMER ROAD: Plot and Title Map

4 CHELMER ROAD sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 4 CHELMER 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 4 CHELMER 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 4 CHELMER ROAD?

4 CHELMER ROAD is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 4 on CHELMER ROAD.