15, WAKELIN WAY, WITHAM, CM8 2TX - £250,000

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 WAKELIN WAY is a very small semi-detached house of 54m², built sometime between 1976 and 1982, which could now be worth an estimated £250,326. It was last sold for £250,000 in August 2022, which was around 25% below the average August 2022 semi-detached price in the Braintree local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

15 WAKELIN WAY Sold Prices

Land registry data shows two sales for 15 WAKELIN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. Both of the two 15 WAKELIN WAY sales were for 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
2022 19 AUG	£250,000	£332,886	25% below HPI
2004 30 MAR	£116,000	£157,798	26% below HPI

15 WAKELIN WAY 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 two 15 WAKELIN WAY sales from March 2004 and August 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 March 2004 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 15 WAKELIN WAY be worth now?

15 WAKELIN WAY might now be worth an estimated £250,326.

This is based on house price inflation of 0.1%, between August 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 0.1% inflationary increase is applied to the most recent sale price for 15 WAKELIN WAY of £250,000 on 19th August 2022. For the value to have increased from £250,000 to £250,326 over the three years and two months to June 2025, the following assumptions must hold true:

• The value of 15 WAKELIN WAY has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The August 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WAKELIN WAY has not materially changed since August 2022.

How Large is 15 WAKELIN WAY?

15 WAKELIN WAY is 54m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% 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 15 WAKELIN WAY lies on this distribution: 1% of semi-detached houses houses are smaller than 15 WAKELIN WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Witham.

15 WAKELIN WAY: Plot and Title Map

15 WAKELIN WAY sits on a plot of roughly 3.6 acres, or 14,456m². The below map shows the location of 15 WAKELIN WAY, 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 WAKELIN WAY). 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 WAKELIN WAY?

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