108, EPPING WAY, WITHAM, CM8 1NQ - £285,000

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.

108 EPPING WAY is a very small terraced house of 71m², built sometime between 1996 and 2002, which could now be worth an estimated £317,873. It was last sold for £285,000 in October 2020, which was around 19% above the average October 2020 terraced price in the Braintree local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

108 EPPING WAY Sold Prices

Land registry data shows three sales for 108 EPPING WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. All of the three 108 EPPING WAY 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
2020 27 OCT	£285,000	£238,749	19% above HPI
2007 15 NOV	£220,000	£165,374	33% above HPI
2006 22 JUN	£185,000	£148,959	24% above HPI

108 EPPING WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Braintree local authority area over time, sourced from the HPI. The three 108 EPPING WAY sales between June 2006 and October 2020 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 2007 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the October 2020 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 108 EPPING WAY be worth now?

108 EPPING WAY might now be worth an estimated £317,873.

This is based on house price inflation of 11.5%, between October 2020 and June 2025, for terraced 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 11.5% inflationary increase is applied to the most recent sale price for 108 EPPING WAY of £285,000 on 27th October 2020. For the value to have increased from £285,000 to £317,873 over the five years and four months to June 2025, the following assumptions must hold true:

• The value of 108 EPPING WAY has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The October 2020 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 108 EPPING WAY has not materially changed since October 2020.

How Large is 108 EPPING WAY?

108 EPPING WAY is 71m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of terraced houses houses in Witham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Witham, and where 108 EPPING WAY lies on this distribution: 4% of terraced houses houses are smaller than 108 EPPING WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Witham.

108 EPPING WAY: Plot and Title Map

108 EPPING WAY sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 108 EPPING WAY, 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 108 EPPING WAY). 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 108 EPPING WAY?

108 EPPING WAY is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 108 on EPPING WAY.