LANNER, MALDON ROAD, WITHAM, CM8 1HT - £480,000

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

LANNER is a small extended detached house of 105m², built sometime between 1967 and 1975. It was last sold for £480,000 in February 2022, which was around 7% below the average February 2022 detached price in the Braintree local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

LANNER Sold Prices

Land registry data shows three sales for LANNER 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. All of the three LANNER 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
2022 17 FEB	£480,000	£516,817	7% below HPI
2014 27 JUN	£250,000	£345,052	28% below HPI
2006 6 JAN	£250,000	£281,757	11% below HPI

LANNER 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 LANNER sales between January 2006 and February 2022 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 June 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is LANNER?

LANNER is 105m², which includes one extension, according to the EPC inspection conducted in August 2021. 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 LANNER lies on this distribution: 34% of detached houses are smaller than LANNER, and 65% of houses are larger. Note that EPC data is not available for all properties in Witham.

LANNER: Plot and Title Map

LANNER sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of LANNER, 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 LANNER). 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 LANNER?

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