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
65 ALLECTUS WAY is a very small extended detached house of 86m², built sometime between 1976 and 1982. It was last sold for £243,000 in June 2018, which was around 48% below the average June 2018 detached price in the Braintree local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 65 ALLECTUS WAY 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 65 ALLECTUS 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 |
---|---|---|---|
2018 8 JUN | £243,000 | £468,068 | 48% below HPI |
2004 12 AUG | £126,500 | £278,324 | 55% 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 65 ALLECTUS WAY sales from August 2004 and June 2018 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 2004 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the June 2018 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.
65 ALLECTUS WAY is 86m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 20% of detached houses in Witham, based on EPC data. The below chart shows the distribution of detached houses by size in Witham, and where 65 ALLECTUS WAY lies on this distribution: 12% of detached houses are smaller than 65 ALLECTUS WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Witham.
65 ALLECTUS WAY sits on a plot of roughly 0.022 of an acre, or 90m². The below map shows the location of 65 ALLECTUS 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 65 ALLECTUS 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.
65 ALLECTUS WAY is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 65 on ALLECTUS WAY.