18, CRESSING ROAD, WITHAM, CM8 2NP - £260,000

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.

18 CRESSING ROAD is a midsized extended semi-detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £301,883. It was last sold for £260,000 in March 2019, which was around 9% below the average March 2019 semi-detached price in the Braintree local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

18 CRESSING ROAD Sold Prices

Land registry data shows one sale for 18 CRESSING ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 15 MAR	£260,000	£286,694	9% below HPI

What might 18 CRESSING ROAD be worth now?

18 CRESSING ROAD might now be worth an estimated £301,883.

This is based on house price inflation of 16.1%, between March 2019 and May 2026, 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 16.1% inflationary increase is applied to the most recent sale price for 18 CRESSING ROAD of £260,000 on 15th March 2019. For the value to have increased from £260,000 to £301,883 over the six years and ten months to May 2026, the following assumptions must hold true:

• The value of 18 CRESSING ROAD has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The March 2019 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CRESSING ROAD has not materially changed since March 2019.

How Large is 18 CRESSING ROAD?

18 CRESSING ROAD is 86m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 50% of semi-detached houses in Witham, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Witham, and where 18 CRESSING ROAD lies on this distribution: 51% of semi-detached houses are smaller than 18 CRESSING ROAD, and 47% of semi-detached houses are larger. Note that EPC data is not available for all properties in Witham.

18 CRESSING ROAD: Plot

18 CRESSING ROAD sits on a plot of roughly 0.086 of an acre, or 349m².

Where is 18 CRESSING ROAD?

18 CRESSING ROAD is located in WITHAM, in the CM8 postcode district.