116, GREENFIELD, WITHAM, CM8 2FA - £352,500

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.

116 GREENFIELD is a very small extended terraced house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £348,057. It was last sold for £352,500 in June 2022, which was around 32% above the average June 2022 terraced price in the Braintree local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

116 GREENFIELD Sold Prices

Land registry data shows four sales for 116 GREENFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. All of the four 116 GREENFIELD 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
2022 28 JUN	£352,500	£266,502	32% above HPI
2015 13 AUG	£220,000	£191,013	15% above HPI
2012 3 SEP	£160,000	£156,129	2% above HPI
1999 16 APR	£68,000	£54,085	26% above HPI

116 GREENFIELD 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 four 116 GREENFIELD sales between April 1999 and June 2022 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 August 2015 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2022 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 116 GREENFIELD be worth now?

116 GREENFIELD might now be worth an estimated £348,057.

This is based on house price deflation of 1.3%, between June 2022 and April 2026, 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 1.3% deflationary decrease is applied to the most recent sale price for 116 GREENFIELD of £352,500 on 28th June 2022. For the value to have decreased from £352,500 to £348,057 over the four years and two months to April 2026, the following assumptions must hold true:

• The value of 116 GREENFIELD has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The June 2022 sale price of £352,500 represented a fair market value for the property.
• The size, condition, and specification of 116 GREENFIELD has not materially changed since June 2022.

How Large is 116 GREENFIELD?

116 GREENFIELD is 76m², which includes one extension, according to the EPC inspection conducted in January 2022. 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 116 GREENFIELD lies on this distribution: 6% of terraced houses houses are smaller than 116 GREENFIELD, and 94% of houses are larger. Note that EPC data is not available for all properties in Witham.

116 GREENFIELD: Plot and Title Map

116 GREENFIELD sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 116 GREENFIELD, 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 116 GREENFIELD). 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 116 GREENFIELD?

116 GREENFIELD is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 116 on GREENFIELD.