SERENA, MALDON ROAD, WITHAM, CM8 1HU - £487,500

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

SERENA is a large extended detached house of 141m², built sometime between 1976 and 1982. It was last sold for £487,500 in September 2021, which was about the average September 2021 detached price in the Braintree local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was C.

SERENA Sold Prices

Land registry data shows three sales for SERENA 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. The three SERENA sales were a mix of roughly equal to the average price, and 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
2021 10 SEP	£487,500	£487,723	Close to HPI
2010 2 JUL	£270,000	£313,999	14% below HPI
2002 20 JUN	£187,995	£203,448	8% below HPI

SERENA 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 SERENA sales between June 2002 and September 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 July 2010 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is SERENA?

SERENA is 141m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 30% of detached houses in Witham, based on EPC data. The below chart shows the distribution of detached houses by size in Witham, and where SERENA lies on this distribution: 73% of detached houses are smaller than SERENA, and 27% of houses are larger. Note that EPC data is not available for all properties in Witham.

SERENA: Plot and Title Map

SERENA sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of SERENA, 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 SERENA). 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 SERENA?

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