FREELAND HOUSE, MALDON ROAD, WITHAM, CM8 2AB - £605,000

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

FREELAND HOUSE is a very large detached house of 170m², built sometime before 1900. It was last sold for £605,000 in October 2017, which was around 31% above the average October 2017 detached price in the Braintree local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.

FREELAND HOUSE Sold Prices

Land registry data shows three sales for FREELAND HOUSE 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. Two of the three FREELAND HOUSE sales were for above the average price, whilst one was 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
2017 31 OCT	£605,000	£462,333	31% above HPI
2014 17 DEC	£500,000	£354,210	41% above HPI
2001 17 JAN	£145,000	£159,433	9% below HPI

FREELAND HOUSE 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 FREELAND HOUSE sales between January 2001 and October 2017 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 2014 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the October 2017 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is FREELAND HOUSE?

FREELAND HOUSE is 170m² according to the EPC inspection conducted in May 2014. This puts it in the largest 20% of detached houses in Witham, based on EPC data. The below chart shows the distribution of detached houses by size in Witham, and where FREELAND HOUSE lies on this distribution: 88% of detached houses are smaller than FREELAND HOUSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Witham.

FREELAND HOUSE: Plot and Title Map

FREELAND HOUSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of FREELAND HOUSE, 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 FREELAND HOUSE). 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 FREELAND HOUSE?

FREELAND HOUSE is located on MALDON ROAD in WITHAM, in the CM8 postcode district. The below map shows the position of FREELAND HOUSE on MALDON ROAD.