157, CRESSING ROAD, WITHAM, CM8 2NW - £80,000

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.

157 CRESSING ROAD is a very small terraced house of 77m², built sometime between 1991 and 1995, which could now be worth an estimated £144,695. It was last sold for £80,000 in December 2009, which was around 46% below the average December 2009 terraced 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.

157 CRESSING ROAD Sold Prices

Land registry data shows three sales for 157 CRESSING ROAD 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. Two of the three 157 CRESSING ROAD sales were for below the average price, whilst one was 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
2009 18 DEC	£80,000	£147,227	46% below HPI
1998 17 NOV	£33,000	£52,023	37% below HPI
1998 27 MAR	£66,000	£49,183	34% above HPI

157 CRESSING ROAD 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 157 CRESSING ROAD sales between March 1998 and December 2009 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 November 1998 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2009 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 157 CRESSING ROAD be worth now?

157 CRESSING ROAD might now be worth an estimated £144,695.

This is based on house price inflation of 80.9%, between December 2009 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 80.9% inflationary increase is applied to the most recent sale price for 157 CRESSING ROAD of £80,000 on 18th December 2009. For the value to have increased from £80,000 to £144,695 over the sixteen years and six months to June 2025, the following assumptions must hold true:

• The value of 157 CRESSING ROAD has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The December 2009 sale price of £80,000 represented a fair market value for the property.
• The size, condition, and specification of 157 CRESSING ROAD has not materially changed since December 2009.

How Large is 157 CRESSING ROAD?

157 CRESSING ROAD is 77m² according to the EPC inspection conducted in June 2009. 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 157 CRESSING ROAD lies on this distribution: 6% of terraced houses houses are smaller than 157 CRESSING ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Witham.

157 CRESSING ROAD: Plot and Title Map

157 CRESSING ROAD sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 157 CRESSING ROAD, 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 157 CRESSING ROAD). 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 157 CRESSING ROAD?

157 CRESSING ROAD is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 157 on CRESSING ROAD.