41, CHIPPING HILL, WITHAM, CM8 2JT - £550,000

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

41 CHIPPING HILL is a midsized extended detached house of 126m², built sometime before 1900. It was last sold for £550,000 in October 2019, which was around 18% above the average October 2019 detached price in the Braintree local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was C.

41 CHIPPING HILL Sold Prices

Land registry data shows four sales for 41 CHIPPING HILL 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 41 CHIPPING HILL sales were for above 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
2019 22 OCT	£550,000	£464,928	18% above HPI
2017 10 APR	£540,000	£446,455	21% above HPI
2003 10 JUL	£320,000	£248,470	29% above HPI
1995 28 APR	£115,000	£90,532	27% above HPI

41 CHIPPING HILL 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 41 CHIPPING HILL sales between April 1995 and October 2019 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 2017 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2019 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 41 CHIPPING HILL?

41 CHIPPING HILL is 126m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 50% of detached houses in Witham, based on EPC data. The below chart shows the distribution of detached houses by size in Witham, and where 41 CHIPPING HILL lies on this distribution: 56% of detached houses are smaller than 41 CHIPPING HILL, and 43% of houses are larger. Note that EPC data is not available for all properties in Witham.

41 CHIPPING HILL: Plot and Title Map

41 CHIPPING HILL sits on a plot of roughly 0.300 of an acre, or 1,216m². The below map shows the location of 41 CHIPPING HILL, 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 41 CHIPPING HILL). 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 41 CHIPPING HILL?

41 CHIPPING HILL is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 41 on CHIPPING HILL.