15, STAINER CLOSE, WITHAM, CM8 1JS - £400,000

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.

15 STAINER CLOSE is a small terraced house of 108m², built sometime between 2003 and 2006, which could now be worth an estimated £401,515. It was last sold for £400,000 in April 2022, which was around 53% above the average April 2022 terraced price in the Braintree local authority area. The most recent EPC inspection was February 2022, where the current energy rating was B, and the potential energy rating was B.

15 STAINER CLOSE Sold Prices

Land registry data shows five sales for 15 STAINER CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. All of the five 15 STAINER 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
2022 29 APR	£400,000	£262,150	53% above HPI
2015 26 MAY	£280,000	£184,485	52% above HPI
2013 5 AUG	£247,100	£159,866	55% above HPI
2009 30 JAN	£220,000	£144,473	52% above HPI
2004 1 SEP	£229,950	£139,197	65% above HPI

15 STAINER 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 five 15 STAINER CLOSE sales between September 2004 and April 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 May 2015 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the April 2022 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 15 STAINER CLOSE be worth now?

15 STAINER CLOSE might now be worth an estimated £401,515.

This is based on house price inflation of 0.4%, between April 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 0.4% inflationary increase is applied to the most recent sale price for 15 STAINER CLOSE of £400,000 on 29th April 2022. For the value to have increased from £400,000 to £401,515 over the four years to April 2026, the following assumptions must hold true:

• The value of 15 STAINER CLOSE has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The April 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 15 STAINER CLOSE has not materially changed since April 2022.

How Large is 15 STAINER CLOSE?

15 STAINER CLOSE is 108m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 40% 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 15 STAINER CLOSE lies on this distribution: 36% of terraced houses houses are smaller than 15 STAINER CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Witham.

15 STAINER CLOSE: Plot and Title Map

15 STAINER CLOSE sits on a plot of roughly 0.030 of an acre, or 122m². The below map shows the location of 15 STAINER 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 15 STAINER 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 15 STAINER CLOSE?

15 STAINER CLOSE is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 15 on STAINER CLOSE.