9, RICKSTONES ROAD, WITHAM, CM8 2NQ - £395,000

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

9 RICKSTONES ROAD is a very small detached house of 77m², built sometime between 1930 and 1949. It was last sold for £395,000 in April 2023, which was around 28% below the average April 2023 detached price in the Braintree local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

9 RICKSTONES ROAD Sold Prices

Land registry data shows two sales for 9 RICKSTONES ROAD 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 9 RICKSTONES ROAD 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
2023 27 APR	£395,000	£547,940	28% below HPI
2020 7 OCT	£340,000	£487,278	30% below HPI

9 RICKSTONES ROAD 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 9 RICKSTONES ROAD sales from October 2020 and April 2023 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 October 2020 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 9 RICKSTONES ROAD?

9 RICKSTONES ROAD is 77m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 10% of detached houses in Witham, based on EPC data. The below chart shows the distribution of detached houses by size in Witham, and where 9 RICKSTONES ROAD lies on this distribution: 6% of detached houses are smaller than 9 RICKSTONES ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Witham.

9 RICKSTONES ROAD: Plot and Title Map

9 RICKSTONES ROAD sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 9 RICKSTONES ROAD, 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 9 RICKSTONES ROAD). 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 9 RICKSTONES ROAD?

9 RICKSTONES ROAD is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 9 on RICKSTONES ROAD.