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
GUETH COTTAGE is a midsized extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £567,500 in August 2024, which was around 4% above the average August 2024 detached price in the Braintree local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for GUETH COTTAGE since 1st 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. One of the two GUETH COTTAGE sales was for above the average price, whilst the other 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 |
---|---|---|---|
2024 23 AUG | £567,500 | £544,831 | 4% above HPI |
2015 8 MAY | £330,000 | £371,498 | 11% below HPI |
The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two GUETH COTTAGE sales from May 2015 and August 2024 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 May 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2024 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.
GUETH COTTAGE is 116m², which includes one extension, according to the EPC inspection conducted in January 2024. 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 GUETH COTTAGE lies on this distribution: 45% of detached houses are smaller than GUETH COTTAGE, and 54% of houses are larger. Note that EPC data is not available for all properties in Witham.
GUETH COTTAGE sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of GUETH 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 GUETH 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.
GUETH COTTAGE is located on MALDON ROAD in WITHAM, in the CM8 postcode district. The below map shows the position of GUETH COTTAGE on MALDON ROAD.