8, WILLOW RISE, WITHAM, CM8 2LL - £230,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 WILLOW RISE is a midsized extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £230,000 in November 2013, which was around 29% below the average November 2013 detached price in the Braintree local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

8 WILLOW RISE Sold Prices

Land registry data shows three sales for 8 WILLOW RISE since 1^st 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 WILLOW RISE 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
2013 11 NOV	£230,000	£324,775	29% below HPI
2002 30 SEP	£167,000	£220,534	24% below HPI
1995 27 OCT	£82,995	£92,992	11% below HPI

8 WILLOW RISE 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 three 8 WILLOW RISE sales between October 1995 and November 2013 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 September 2002 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2013 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 8 WILLOW RISE?

8 WILLOW RISE is 113m², which includes three extensions, according to the EPC inspection conducted in March 2013. This puts it in the smallest 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 WILLOW RISE lies on this distribution: 42% of detached houses are smaller than 8 WILLOW RISE, and 57% of houses are larger. Note that EPC data is not available for all properties in Witham.

8 WILLOW RISE: Plot and Title Map

8 WILLOW RISE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 8 WILLOW RISE, 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 WILLOW RISE). 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 WILLOW RISE?

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