VEAIR, MALDON ROAD, WITHAM, CM8 1HT - £292,000

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

VEAIR is a very small detached house of 80m², built sometime between 1950 and 1966. It was last sold for £292,000 in April 2014, which was around 12% below the average April 2014 detached price in the Braintree local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was D.

VEAIR Sold Prices

Land registry data shows two sales for VEAIR 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 VEAIR 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
2014 17 APR	£292,000	£332,565	12% below HPI
2011 6 DEC	£300,000	£303,477	1% below HPI

VEAIR 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 VEAIR sales from December 2011 and April 2014 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 December 2011 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2014 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is VEAIR?

VEAIR is 80m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% of detached houses in Witham, based on EPC data. The below chart shows the distribution of detached houses by size in Witham, and where VEAIR lies on this distribution: 8% of detached houses are smaller than VEAIR, and 92% of houses are larger. Note that EPC data is not available for all properties in Witham.

VEAIR: Plot and Title Map

VEAIR sits on a plot of roughly 0.209 of an acre, or 844m². The below map shows the location of VEAIR, 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 VEAIR). 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 VEAIR?

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