4, HADRIANS CLOSE, WITHAM, CM8 1XA - £360,000

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

4 HADRIANS CLOSE is a very small detached house of 87m², built sometime between 1976 and 1982. It was last sold for £360,000 in August 2017, which was around 21% below the average August 2017 detached price in the Braintree local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

4 HADRIANS CLOSE Sold Prices

Land registry data shows two sales for 4 HADRIANS CLOSE 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 4 HADRIANS 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
2017 24 AUG	£360,000	£456,572	21% below HPI
2004 30 APR	£215,000	£262,106	18% below HPI

4 HADRIANS CLOSE 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 4 HADRIANS CLOSE sales from April 2004 and August 2017 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 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2017 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 4 HADRIANS CLOSE?

4 HADRIANS CLOSE is 87m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 20% 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 HADRIANS CLOSE lies on this distribution: 12% of detached houses are smaller than 4 HADRIANS CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Witham.

4 HADRIANS CLOSE: Plot and Title Map

4 HADRIANS CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 4 HADRIANS 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 4 HADRIANS 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 4 HADRIANS CLOSE?

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