SYCAMORE HOUSE, SPINKS LANE, WITHAM, CM8 1EP - £382,000

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

SYCAMORE HOUSE is a very small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £382,000 in August 2023, which was around 29% below the average August 2023 detached price in the Braintree local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

SYCAMORE HOUSE Sold Prices

Land registry data shows two sales for SYCAMORE HOUSE 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 SYCAMORE HOUSE 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
2023 15 AUG	£382,000	£536,954	29% below HPI
2016 14 NOV	£315,000	£432,599	27% below HPI

SYCAMORE HOUSE 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 SYCAMORE HOUSE sales from November 2016 and August 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 November 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is SYCAMORE HOUSE?

SYCAMORE HOUSE is 86m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses in Witham, based on EPC data. The below chart shows the distribution of detached houses by size in Witham, and where SYCAMORE HOUSE lies on this distribution: 12% of detached houses are smaller than SYCAMORE HOUSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Witham.

SYCAMORE HOUSE: Plot and Title Map

SYCAMORE HOUSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of SYCAMORE HOUSE, 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 SYCAMORE HOUSE). 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 SYCAMORE HOUSE?

SYCAMORE HOUSE is located on SPINKS LANE in WITHAM, in the CM8 postcode district. The below map shows the position of SYCAMORE HOUSE on SPINKS LANE.