47, BRIDGE STREET, WITHAM, CM8 1BU - £224,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

47 BRIDGE STREET is a very small extended detached house of 79m², built sometime between 1983 and 1990, which could now be worth an estimated £260,277. It was last sold for £224,000 in September 2020, which was around 55% below the average September 2020 detached price in the Braintree local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

47 BRIDGE STREET Sold Prices

Land registry data shows six sales for 47 BRIDGE STREET since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the six 47 BRIDGE STREET 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
2020 11 SEP	£224,000	£497,032	55% below HPI
2005 28 JAN	£169,950	£296,967	43% below HPI
2003 21 MAY	£120,000	£258,997	54% below HPI
2001 29 JUN	£90,000	£177,674	49% below HPI
1999 19 NOV	£78,995	£136,519	42% below HPI
1996 31 JAN	£50,000	£95,888	48% below HPI

47 BRIDGE STREET 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 six 47 BRIDGE STREET sales between January 1996 and September 2020 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 January 2005 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2020 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might 47 BRIDGE STREET be worth now?

47 BRIDGE STREET might now be worth an estimated £260,277.

This is based on house price inflation of 16.2%, between September 2020 and February 2025, 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 16.2% inflationary increase is applied to the most recent sale price for 47 BRIDGE STREET of £224,000 on 11th September 2020. For the value to have increased from £224,000 to £260,277 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 47 BRIDGE STREET has moved in line with the HPI for detached houses in the Braintree local authority area.
• The September 2020 sale price of £224,000 represented a fair market value for the property.
• The size, condition, and specification of 47 BRIDGE STREET has not materially changed since September 2020.

How Large is 47 BRIDGE STREET?

47 BRIDGE STREET is 79m², which includes two extensions, according to the EPC inspection conducted in May 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 47 BRIDGE STREET lies on this distribution: 7% of detached houses houses are smaller than 47 BRIDGE STREET, and 92% of houses are larger. Note that EPC data is not available for all properties in Witham.

47 BRIDGE STREET: Plot and Title Map

47 BRIDGE STREET sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 47 BRIDGE STREET, 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 47 BRIDGE STREET). 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 47 BRIDGE STREET?

47 BRIDGE STREET is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 47 on BRIDGE STREET.