RUSKINS, LAWN CHASE, WITHAM, CM8 1AZ - £625,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

RUSKINS is a very large extended detached house of 153m², built sometime between 1950 and 1966, which could now be worth an estimated £731,429. It was last sold for £625,000 in March 2021, which was around 27% above the average March 2021 detached price in the Braintree local authority area. The most recent EPC inspection was February 2021, where the current energy rating was E, and the potential energy rating was C.

RUSKINS Sold Prices

Land registry data shows three sales for RUSKINS 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 RUSKINS 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
2021 26 MAR	£625,000	£493,491	27% above HPI
2009 7 OCT	£460,000	£300,028	53% above HPI
1996 26 JAN	£125,000	£95,888	30% above HPI

RUSKINS 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 RUSKINS sales between January 1996 and March 2021 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 October 2009 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the March 2021 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might RUSKINS be worth now?

RUSKINS might now be worth an estimated £731,429.

This is based on house price inflation of 17%, between March 2021 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 17% inflationary increase is applied to the most recent sale price for RUSKINS of £625,000 on 26th March 2021. For the value to have increased from £625,000 to £731,429 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of RUSKINS has moved in line with the HPI for detached houses in the Braintree local authority area.
• The March 2021 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of RUSKINS has not materially changed since March 2021.

How Large is RUSKINS?

RUSKINS is 153m², which includes two extensions, according to the EPC inspection conducted in February 2021. This puts it in the largest 20% 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 RUSKINS lies on this distribution: 82% of detached houses houses are smaller than RUSKINS, and 18% of houses are larger. Note that EPC data is not available for all properties in Witham.

RUSKINS: Plot and Title Map

RUSKINS sits on a plot of roughly 0.261 of an acre, or 1,055m². The below map shows the location of RUSKINS, 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 RUSKINS). 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 RUSKINS?

RUSKINS is located on LAWN CHASE in WITHAM, in the CM8 postcode district. The below map shows the position of RUSKINS on LAWN CHASE.