40, AUGUSTUS WAY, WITHAM, CM8 1HH - £317,000

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

40 AUGUSTUS WAY is a small detached house of 107m², built sometime between 1976 and 1982. It was last sold for £317,000 in November 2014, which was around 12% below the average November 2014 detached price in the Braintree local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

40 AUGUSTUS WAY Sold Prices

Land registry data shows two sales for 40 AUGUSTUS WAY 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 40 AUGUSTUS WAY 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 24 NOV	£317,000	£360,977	12% below HPI
1996 26 MAR	£84,200	£89,663	6% below HPI

40 AUGUSTUS WAY 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 40 AUGUSTUS WAY sales from March 1996 and November 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 March 1996 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2014 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 40 AUGUSTUS WAY?

40 AUGUSTUS WAY is 107m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 40% of detached houses in Witham, based on EPC data. The below chart shows the distribution of detached houses by size in Witham, and where 40 AUGUSTUS WAY lies on this distribution: 35% of detached houses are smaller than 40 AUGUSTUS WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Witham.

40 AUGUSTUS WAY: Plot and Title Map

40 AUGUSTUS WAY sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 40 AUGUSTUS WAY, 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 40 AUGUSTUS WAY). 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 40 AUGUSTUS WAY?

40 AUGUSTUS WAY is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 40 on AUGUSTUS WAY.