8, WAKELIN WAY, WITHAM, CM8 2TX - £410,000

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 WAKELIN WAY is a midsized extended detached house of 120m², built sometime between 1976 and 1982. It was last sold for £410,000 in December 2020, which was around 16% below the average December 2020 detached price in the Braintree local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

8 WAKELIN WAY Sold Prices

Land registry data shows two sales for 8 WAKELIN WAY since 1^st 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 8 WAKELIN 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
2020 2 DEC	£410,000	£489,176	16% below HPI
2016 20 DEC	£365,000	£441,530	17% below HPI

8 WAKELIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 8 WAKELIN WAY sales from December 2016 and December 2020 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 December 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 8 WAKELIN WAY?

8 WAKELIN WAY is 120m², which includes one extension, according to the EPC inspection conducted in June 2016. 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 WAKELIN WAY lies on this distribution: 51% of detached houses are smaller than 8 WAKELIN WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Witham.

8 WAKELIN WAY: Plot and Title Map

8 WAKELIN WAY sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 8 WAKELIN 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 8 WAKELIN 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.

Where is 8 WAKELIN WAY?

8 WAKELIN WAY is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 8 on WAKELIN WAY.