12, PENNYROYAL CRESCENT, WITHAM, CM8 2YN - £360,000

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.

12 PENNYROYAL CRESCENT is a very small semi-detached house of 91m², built sometime between 1983 and 1990, which could now be worth an estimated £352,881. It was last sold for £360,000 in October 2022, which was around 6% above the average October 2022 semi-detached price in the Braintree local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

12 PENNYROYAL CRESCENT Sold Prices

Land registry data shows four sales for 12 PENNYROYAL CRESCENT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. Most of the four 12 PENNYROYAL CRESCENT 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 21 OCT	£360,000	£340,044	6% above HPI
2017 1 AUG	£287,000	£278,586	3% above HPI
1997 12 SEP	£62,000	£60,589	2% above HPI
1995 9 FEB	£52,500	£56,921	8% below HPI

12 PENNYROYAL CRESCENT Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The four 12 PENNYROYAL CRESCENT sales between February 1995 and October 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 2017 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2022 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 12 PENNYROYAL CRESCENT be worth now?

12 PENNYROYAL CRESCENT might now be worth an estimated £352,881.

This is based on house price deflation of 2%, between October 2022 and June 2025, for semi-detached 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 2% deflationary decrease is applied to the most recent sale price for 12 PENNYROYAL CRESCENT of £360,000 on 21st October 2022. For the value to have decreased from £360,000 to £352,881 over the three years and four months to June 2025, the following assumptions must hold true:

• The value of 12 PENNYROYAL CRESCENT has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The October 2022 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PENNYROYAL CRESCENT has not materially changed since October 2022.

How Large is 12 PENNYROYAL CRESCENT?

12 PENNYROYAL CRESCENT is 91m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of semi-detached houses houses in Witham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Witham, and where 12 PENNYROYAL CRESCENT lies on this distribution: 18% of semi-detached houses houses are smaller than 12 PENNYROYAL CRESCENT, and 79% of houses are larger. Note that EPC data is not available for all properties in Witham.

12 PENNYROYAL CRESCENT: Plot and Title Map

12 PENNYROYAL CRESCENT sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 12 PENNYROYAL CRESCENT, 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 12 PENNYROYAL CRESCENT). 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 12 PENNYROYAL CRESCENT?

12 PENNYROYAL CRESCENT is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 12 on PENNYROYAL CRESCENT.