51, ELGAR DRIVE, WITHAM, CM8 1NG - £322,500

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.

51 ELGAR DRIVE is a large semi-detached house of 134m², built sometime between 2003 and 2006, which could now be worth an estimated £418,234. It was last sold for £322,500 in June 2016, which was around 24% above the average June 2016 semi-detached price in the Braintree local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was B.

51 ELGAR DRIVE Sold Prices

Land registry data shows four sales for 51 ELGAR DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. All of the four 51 ELGAR DRIVE 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
2016 6 JUN	£322,500	£259,468	24% above HPI
2010 25 JUN	£247,000	£187,593	32% above HPI
2007 29 JUN	£250,000	£197,326	27% above HPI
2003 11 DEC	£249,995	£154,119	62% above HPI

51 ELGAR DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The four 51 ELGAR DRIVE sales between December 2003 and June 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 June 2010 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the June 2016 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 51 ELGAR DRIVE be worth now?

51 ELGAR DRIVE might now be worth an estimated £418,234.

This is based on house price inflation of 29.7%, between June 2016 and February 2025, for semi-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 29.7% inflationary increase is applied to the most recent sale price for 51 ELGAR DRIVE of £322,500 on 6th June 2016. For the value to have increased from £322,500 to £418,234 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 51 ELGAR DRIVE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The June 2016 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of 51 ELGAR DRIVE has not materially changed since June 2016.

How Large is 51 ELGAR DRIVE?

51 ELGAR DRIVE is 134m² according to the EPC inspection conducted in March 2009. This puts it in the largest 40% of semi-detached houses houses in Witham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Witham, and where 51 ELGAR DRIVE lies on this distribution: 68% of semi-detached houses houses are smaller than 51 ELGAR DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Witham.

51 ELGAR DRIVE: Plot and Title Map

51 ELGAR DRIVE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 51 ELGAR DRIVE, 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 51 ELGAR DRIVE). 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 51 ELGAR DRIVE?

51 ELGAR DRIVE is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 51 on ELGAR DRIVE.