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 TOWN END FIELD is a midsized extended detached house of 127m², built sometime between 1967 and 1975. It was last sold for £249,000 in November 2012, which was around 20% below the average November 2012 detached price in the Braintree local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 8 TOWN END FIELD 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. All of the three 8 TOWN END FIELD 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 |
---|---|---|---|
2012 22 NOV | £249,000 | £311,126 | 20% below HPI |
2007 5 JAN | £243,500 | £300,281 | 19% below HPI |
1996 3 MAY | £78,500 | £90,202 | 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 three 8 TOWN END FIELD sales between May 1996 and November 2012 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 January 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2012 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.
8 TOWN END FIELD is 127m², which includes two extensions, according to the EPC inspection conducted in March 2012. 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 TOWN END FIELD lies on this distribution: 57% of detached houses are smaller than 8 TOWN END FIELD, and 43% of houses are larger. Note that EPC data is not available for all properties in Witham.
8 TOWN END FIELD sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 8 TOWN END FIELD, 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 TOWN END FIELD). 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 TOWN END FIELD is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 8 on TOWN END FIELD.