2, HALFACRES, WITHAM, CM8 1QX - £287,000

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.

2 HALFACRES is a very small extended semi-detached house of 66m², built sometime between 1967 and 1975, which could now be worth an estimated £336,436. It was last sold for £287,000 in May 2018, which was around 1% above the average May 2018 semi-detached price in the Braintree local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

2 HALFACRES Sold Prices

Land registry data shows five sales for 2 HALFACRES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. Most of the five 2 HALFACRES 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
2018 4 MAY	£287,000	£284,342	1% above HPI
2011 11 JUL	£159,000	£187,705	15% below HPI
2004 2 APR	£140,000	£160,560	13% below HPI
2003 19 JUN	£140,000	£147,877	5% below HPI
1998 26 JUN	£58,500	£66,579	12% below HPI

2 HALFACRES 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 five 2 HALFACRES sales between June 1998 and May 2018 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 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2018 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 2 HALFACRES be worth now?

2 HALFACRES might now be worth an estimated £336,436.

This is based on house price inflation of 17.2%, between May 2018 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 17.2% inflationary increase is applied to the most recent sale price for 2 HALFACRES of £287,000 on 4th May 2018. For the value to have increased from £287,000 to £336,436 over the six years and eleven months to June 2025, the following assumptions must hold true:

• The value of 2 HALFACRES has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The May 2018 sale price of £287,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HALFACRES has not materially changed since May 2018.

How Large is 2 HALFACRES?

2 HALFACRES is 66m², which includes one extension, according to the EPC inspection conducted in January 2018. 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 2 HALFACRES lies on this distribution: 2% of semi-detached houses houses are smaller than 2 HALFACRES, and 98% of houses are larger. Note that EPC data is not available for all properties in Witham.

2 HALFACRES: Plot and Title Map

2 HALFACRES sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 2 HALFACRES, 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 2 HALFACRES). 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 2 HALFACRES?

2 HALFACRES is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 2 on HALFACRES.