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
63A CHELMER ROAD is a very large extended detached house of 215m², built sometime between 1950 and 1966. It was last sold for £275,000 in March 2014, which was around 16% below the average March 2014 detached price in the Braintree local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 63A CHELMER ROAD since 1st 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 63A CHELMER ROAD 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 |
---|---|---|---|
2014 28 MAR | £275,000 | £328,500 | 16% below HPI |
2007 9 FEB | £268,000 | £307,596 | 13% below HPI |
The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 63A CHELMER ROAD sales from February 2007 and March 2014 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 February 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2014 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.
63A CHELMER ROAD is 215m², which includes three extensions, according to the EPC inspection conducted in January 2024. 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 63A CHELMER ROAD lies on this distribution: 97% of detached houses are smaller than 63A CHELMER ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Witham.
63A CHELMER ROAD sits on a plot of roughly 0.217 of an acre, or 878m². The below map shows the location of 63A CHELMER 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 63A CHELMER 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.
63A CHELMER ROAD is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 63A on CHELMER ROAD.