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
8 ORCHARDS is a midsized detached house of 125m², built sometime between 1983 and 1990. It was last sold for £355,000 in May 2010, which was around 18% above the average May 2010 detached price in the Braintree local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 8 ORCHARDS since 1st 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. One of the three 8 ORCHARDS sales was for above the average price, whilst two 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 |
---|---|---|---|
2010 25 MAY | £355,000 | £299,619 | 18% above HPI |
2002 20 NOV | £224,995 | £233,154 | 3% below HPI |
2002 31 MAY | £180,000 | £200,737 | 10% below HPI |
The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The three 8 ORCHARDS sales between May 2002 and May 2010 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 November 2002 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2010 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.
8 ORCHARDS is 125m² according to the EPC inspection conducted in March 2010. This puts it in the largest 50% of detached houses in Witham, based on EPC data. The below chart shows the distribution of detached houses by size in Witham, and where 8 ORCHARDS lies on this distribution: 56% of detached houses are smaller than 8 ORCHARDS, and 44% of houses are larger. Note that EPC data is not available for all properties in Witham.
8 ORCHARDS sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 8 ORCHARDS, 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 8 ORCHARDS). 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.
8 ORCHARDS is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 8 on ORCHARDS.