116, MALTINGS LANE, WITHAM, CM8 1DP - £450,000

116 MALTINGS LANE is a very large detached house of 168m², built sometime between 2003 and 2006. It was last sold for £450,000 in May 2017, which was about the average May 2017 detached price in the Braintree local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

116 MALTINGS LANE Sold Prices

Land registry data shows five sales for 116 MALTINGS LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. The five 116 MALTINGS LANE sales were a mix of roughly equal to the average price, above 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
2017 26 MAY	£450,000	£449,986	Close to HPI
2014 3 JUN	£340,000	£345,052	1% below HPI
2009 18 SEP	£310,000	£280,223	11% above HPI
2004 7 APR	£307,500	£262,106	17% above HPI
2002 28 MAR	£249,000	£193,349	29% above HPI

116 MALTINGS LANE 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 five 116 MALTINGS LANE sales between March 2002 and May 2017 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 June 2014 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2017 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 116 MALTINGS LANE?

116 MALTINGS LANE is 168m² according to the EPC inspection conducted in June 2009. This puts it in the largest 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 116 MALTINGS LANE lies on this distribution: 87% of detached houses are smaller than 116 MALTINGS LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Witham.

116 MALTINGS LANE: Plot and Title Map

116 MALTINGS LANE sits on a plot of roughly 0.069 of an acre, or 277m². The below map shows the location of 116 MALTINGS LANE, 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 MALTINGS LANE). 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 MALTINGS LANE?

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