CHERRY TREE COTTAGE, CHURCH STREET, WITHAM, CM8 2JQ - £215,000

CHERRY TREE COTTAGE is a small extended detached house of 101m², built sometime before 1900. It was last sold for £215,000 in September 2014, which was around 41% below the average September 2014 detached price in the Braintree local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was C.

CHERRY TREE COTTAGE Sold Prices

Land registry data shows four sales for CHERRY TREE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the four CHERRY TREE COTTAGE 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
2014 12 SEP	£215,000	£362,599	41% below HPI
2008 17 DEC	£150,000	£294,885	49% below HPI
1998 8 MAY	£75,500	£110,714	32% below HPI
1995 24 NOV	£50,000	£92,442	46% below HPI

CHERRY TREE COTTAGE 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 four CHERRY TREE COTTAGE sales between November 1995 and September 2014 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 2008 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the September 2014 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is CHERRY TREE COTTAGE?

CHERRY TREE COTTAGE is 101m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the smallest 40% of detached houses in Witham, based on EPC data. The below chart shows the distribution of detached houses by size in Witham, and where CHERRY TREE COTTAGE lies on this distribution: 30% of detached houses are smaller than CHERRY TREE COTTAGE, and 69% of houses are larger. Note that EPC data is not available for all properties in Witham.

CHERRY TREE COTTAGE: Plot and Title Map

CHERRY TREE COTTAGE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of CHERRY TREE COTTAGE, 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 CHERRY TREE COTTAGE). 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 CHERRY TREE COTTAGE?

CHERRY TREE COTTAGE is located on CHURCH STREET in WITHAM, in the CM8 postcode district. The below map shows the position of CHERRY TREE COTTAGE on CHURCH STREET.