48, AVENUE ROAD, WITHAM, CM8 2DP - £225,000

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

48 AVENUE ROAD is a very large extended detached house of 196m², built sometime between 1900 and 1929. It was last sold for £225,000 in June 1998, which was around 100% above the average June 1998 detached price in the Braintree local authority area. The most recent EPC inspection was December 2023, where the current energy rating was E, and the potential energy rating was C.

48 AVENUE ROAD Sold Prices

Land registry data shows two sales for 48 AVENUE ROAD 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 48 AVENUE ROAD 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
1998 23 JUN	£225,000	£112,613	100% above HPI
1996 14 AUG	£152,000	£94,196	61% above HPI

48 AVENUE ROAD 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 48 AVENUE ROAD sales from August 1996 and June 1998 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 August 1996 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the June 1998 sale, where it rises to 100% above the HPI. The line then continues to track at 100% above the HPI.

How Large is 48 AVENUE ROAD?

48 AVENUE ROAD is 196m², which includes three extensions, according to the EPC inspection conducted in December 2023. This puts it in the largest 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 48 AVENUE ROAD lies on this distribution: 95% of detached houses are smaller than 48 AVENUE ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Witham.

48 AVENUE ROAD: Plot and Title Map

48 AVENUE ROAD sits on a plot of roughly 0.219 of an acre, or 885m². The below map shows the location of 48 AVENUE ROAD, 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 48 AVENUE ROAD). 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 48 AVENUE ROAD?

48 AVENUE ROAD is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 48 on AVENUE ROAD.