49, EPPING WAY, WITHAM, CM8 1ND - £305,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

49 EPPING WAY is a small detached house of 97m², built sometime between 2003 and 2006, which could now be worth an estimated £389,924. It was last sold for £305,000 in November 2016, which was around 33% below the average November 2016 detached price in the Braintree local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

49 EPPING WAY Sold Prices

Land registry data shows three sales for 49 EPPING WAY 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 49 EPPING 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
2016 11 NOV	£305,000	£452,470	33% below HPI
2007 5 DEC	£245,000	£340,784	28% below HPI
2004 25 JUN	£207,000	£279,039	26% below HPI

49 EPPING 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 three 49 EPPING WAY sales between June 2004 and November 2016 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 December 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2016 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 49 EPPING WAY be worth now?

49 EPPING WAY might now be worth an estimated £389,924.

This is based on house price inflation of 27.8%, between November 2016 and December 2024, 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 27.8% inflationary increase is applied to the most recent sale price for 49 EPPING WAY of £305,000 on 11th November 2016. For the value to have increased from £305,000 to £389,924 over the seven years and eleven months to December 2024, the following assumptions must hold true:

• The value of 49 EPPING WAY has moved in line with the HPI for detached houses in the Braintree local authority area.
• The November 2016 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 49 EPPING WAY has not materially changed since November 2016.

How Large is 49 EPPING WAY?

49 EPPING WAY is 97m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% 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 49 EPPING WAY lies on this distribution: 27% of detached houses houses are smaller than 49 EPPING WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Witham.

49 EPPING WAY: Plot and Title Map

49 EPPING WAY sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 49 EPPING 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 49 EPPING 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 49 EPPING WAY?

49 EPPING WAY is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 49 on EPPING WAY.