16, BROWN CLOSE, WITHAM, CM8 2GJ - £450,000

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.

16 BROWN CLOSE is a midsized detached house of 115m², which could now be worth an estimated £442,869. It was last sold for £450,000 in October 2022, which was around 22% below the average October 2022 detached price in the Braintree local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was A.

16 BROWN CLOSE Sold Prices

Land registry data shows two sales for 16 BROWN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two 16 BROWN CLOSE 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 3 OCT	£450,000	£574,735	22% below HPI
2018 26 JUL	£384,995	£494,844	22% below HPI

16 BROWN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 16 BROWN CLOSE sales from July 2018 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 July 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2022 sale, which was also at 22% below the HPI.

What might 16 BROWN CLOSE be worth now?

16 BROWN CLOSE might now be worth an estimated £442,869.

This is based on house price deflation of 1.6%, between October 2022 and June 2025, for 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 1.6% deflationary decrease is applied to the most recent sale price for 16 BROWN CLOSE of £450,000 on 3rd October 2022. For the value to have decreased from £450,000 to £442,869 over the three years and four months to June 2025, the following assumptions must hold true:

• The value of 16 BROWN CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The October 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 16 BROWN CLOSE has not materially changed since October 2022.

How Large is 16 BROWN CLOSE?

16 BROWN CLOSE is 115m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 50% of detached houses houses in Witham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Witham, and where 16 BROWN CLOSE lies on this distribution: 45% of detached houses houses are smaller than 16 BROWN CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Witham.

16 BROWN CLOSE: Plot and Title Map

16 BROWN CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 16 BROWN 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 16 BROWN 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 16 BROWN CLOSE?

16 BROWN CLOSE is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 16 on BROWN CLOSE.