4, HORNER PLACE, WITHAM, CM8 2UG - £320,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 HORNER PLACE is a very small detached house of 81m², built sometime between 1976 and 1982, which could now be worth an estimated £369,206. It was last sold for £320,000 in June 2021, which was around 36% below the average June 2021 detached price in the Braintree local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

4 HORNER PLACE Sold Prices

Land registry data shows two sales for 4 HORNER PLACE 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 HORNER PLACE 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 4 JUN	£320,000	£501,361	36% below HPI
2007 19 OCT	£237,000	£338,174	30% below HPI

4 HORNER PLACE 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 HORNER PLACE sales from October 2007 and June 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 October 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 4 HORNER PLACE be worth now?

4 HORNER PLACE might now be worth an estimated £369,206.

This is based on house price inflation of 15.4%, between June 2021 and December 2024, for 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 15.4% inflationary increase is applied to the most recent sale price for 4 HORNER PLACE of £320,000 on 4th June 2021. For the value to have increased from £320,000 to £369,206 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 4 HORNER PLACE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The June 2021 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HORNER PLACE has not materially changed since June 2021.

How Large is 4 HORNER PLACE?

4 HORNER PLACE is 81m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of detached houses houses in Witham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Witham, and where 4 HORNER PLACE lies on this distribution: 8% of detached houses houses are smaller than 4 HORNER PLACE, and 91% of houses are larger. Note that EPC data is not available for all properties in Witham.

4 HORNER PLACE: Plot and Title Map

4 HORNER PLACE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 4 HORNER PLACE, 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 HORNER PLACE). 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 HORNER PLACE?

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