MALLARDS, PATTISON CLOSE, WITHAM, CM8 1JF - £860,000

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.

MALLARDS is a very large detached house of 280m², built sometime between 2003 and 2006, which could now be worth an estimated £879,170. It was last sold for £860,000 in November 2023, which was around 52% above the average November 2023 detached price in the Braintree local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was C.

MALLARDS Sold Prices

Land registry data shows two sales for MALLARDS 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 MALLARDS sales were for above 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
2023 13 NOV	£860,000	£564,933	52% above HPI
2021 8 FEB	£850,000	£500,372	70% above HPI

MALLARDS 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 MALLARDS sales from February 2021 and November 2023 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 February 2021 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the November 2023 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might MALLARDS be worth now?

MALLARDS might now be worth an estimated £879,170.

This is based on house price inflation of 2.2%, between November 2023 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 2.2% inflationary increase is applied to the most recent sale price for MALLARDS of £860,000 on 13th November 2023. For the value to have increased from £860,000 to £879,170 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of MALLARDS has moved in line with the HPI for detached houses in the Braintree local authority area.
• The November 2023 sale price of £860,000 represented a fair market value for the property.
• The size, condition, and specification of MALLARDS has not materially changed since November 2023.

How Large is MALLARDS?

MALLARDS is 280m² according to the EPC inspection conducted in October 2022. This puts it in the largest 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 MALLARDS lies on this distribution: 99% of detached houses houses are smaller than MALLARDS, and 1% of houses are larger. Note that EPC data is not available for all properties in Witham.

MALLARDS: Plot and Title Map

MALLARDS sits on a plot of roughly 0.708 of an acre, or 2,866m². The below map shows the location of MALLARDS, 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 MALLARDS). 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 MALLARDS?

MALLARDS is located on PATTISON CLOSE in WITHAM, in the CM8 postcode district. The below map shows the position of MALLARDS on PATTISON CLOSE.