9, THE RETREAT, WITHAM, CM8 2BH - £257,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 THE RETREAT is a very small detached house of 58m², built sometime between 1950 and 1966, which could now be worth an estimated £462,629. It was last sold for £257,500 in November 2011, which was around 20% below the average November 2011 detached price in the Braintree local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

9 THE RETREAT Sold Prices

Land registry data shows two sales for 9 THE RETREAT 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 THE RETREAT 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
2011 29 NOV	£257,500	£321,452	20% below HPI
1998 24 APR	£84,275	£114,300	26% below HPI

9 THE RETREAT 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 THE RETREAT sales from April 1998 and November 2011 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 April 1998 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2011 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 9 THE RETREAT be worth now?

9 THE RETREAT might now be worth an estimated £462,629.

This is based on house price inflation of 79.7%, between November 2011 and February 2025, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 79.7% inflationary increase is applied to the most recent sale price for 9 THE RETREAT of £257,500 on 29th November 2011. For the value to have increased from £257,500 to £462,629 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 9 THE RETREAT has moved in line with the HPI for detached houses in the Braintree local authority area.
• The November 2011 sale price of £257,500 represented a fair market value for the property.
• The size, condition, and specification of 9 THE RETREAT has not materially changed since November 2011.

How Large is 9 THE RETREAT?

9 THE RETREAT is 58m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses houses in Witham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Witham, and where 9 THE RETREAT lies on this distribution: 1% of detached houses houses are smaller than 9 THE RETREAT, and 99% of houses are larger. Note that EPC data is not available for all properties in Witham.

9 THE RETREAT: Plot and Title Map

9 THE RETREAT sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 9 THE RETREAT, 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 THE RETREAT). 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 THE RETREAT?

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