4, THE RETREAT, WITHAM, CM8 2BH - £395,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 THE RETREAT is a very small extended detached house of 64m², built sometime between 1967 and 1975. It was last sold for £395,000 in August 2022, which was around 26% below the average August 2022 detached price in the Braintree local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

4 THE RETREAT Sold Prices

Land registry data shows three sales for 4 THE RETREAT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the three 4 THE RETREAT 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 8 AUG	£395,000	£536,848	26% below HPI
2007 26 SEP	£235,000	£323,801	27% below HPI
2001 24 AUG	£155,000	£174,737	11% below HPI

4 THE RETREAT 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 three 4 THE RETREAT sales between August 2001 and August 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 September 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 4 THE RETREAT?

4 THE RETREAT is 64m², which includes one extension, according to the EPC inspection conducted in June 2022. 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 THE RETREAT lies on this distribution: 2% of detached houses are smaller than 4 THE RETREAT, and 98% of houses are larger. Note that EPC data is not available for all properties in Witham.

4 THE RETREAT: Plot and Title Map

4 THE RETREAT sits on a plot of roughly 0.096 of an acre, or 391m². The below map shows the location of 4 THE RETREAT, 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 THE RETREAT). 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 THE RETREAT?

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