12, SCARLETTS CLOSE, WITHAM, CM8 1QW - £266,000

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 SCARLETTS CLOSE is a very small terraced house of 68m², built sometime between 1976 and 1982, which could now be worth an estimated £313,434. It was last sold for £266,000 in September 2017, which was around 18% above the average September 2017 terraced price in the Braintree local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

12 SCARLETTS CLOSE Sold Prices

Land registry data shows three sales for 12 SCARLETTS CLOSE 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 12 SCARLETTS CLOSE 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
2017 22 SEP	£266,000	£225,988	18% above HPI
2017 30 JAN	£249,000	£218,542	14% above HPI
2011 10 JUN	£164,000	£152,852	7% above HPI

12 SCARLETTS CLOSE 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 12 SCARLETTS CLOSE sales between June 2011 and September 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 January 2017 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2017 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 12 SCARLETTS CLOSE be worth now?

12 SCARLETTS CLOSE might now be worth an estimated £313,434.

This is based on house price inflation of 17.8%, between September 2017 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 17.8% inflationary increase is applied to the most recent sale price for 12 SCARLETTS CLOSE of £266,000 on 22nd September 2017. For the value to have increased from £266,000 to £313,434 over the eight years and three months to June 2025, the following assumptions must hold true:

• The value of 12 SCARLETTS CLOSE has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The September 2017 sale price of £266,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SCARLETTS CLOSE has not materially changed since September 2017.

How Large is 12 SCARLETTS CLOSE?

12 SCARLETTS CLOSE is 68m² according to the EPC inspection conducted in March 2011. 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 12 SCARLETTS CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 12 SCARLETTS CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Witham.

12 SCARLETTS CLOSE: Plot and Title Map

12 SCARLETTS CLOSE sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 12 SCARLETTS CLOSE, 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 SCARLETTS CLOSE). 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 SCARLETTS CLOSE?

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