2, HORNER PLACE, WITHAM, CM8 2UG - £345,000

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 HORNER PLACE is a small extended semi-detached house of 99m², built sometime between 1976 and 1982, which could now be worth an estimated £400,091. It was last sold for £345,000 in May 2020, which was around 20% above the average May 2020 semi-detached price in the Braintree local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

2 HORNER PLACE Sold Prices

Land registry data shows three sales for 2 HORNER PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. Two of the three 2 HORNER PLACE sales were for above the average price, whilst one was 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
2020 20 MAY	£345,000	£287,423	20% above HPI
2007 22 NOV	£223,000	£201,705	11% above HPI
2003 19 SEP	£150,000	£154,948	3% below HPI

2 HORNER PLACE 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 three 2 HORNER PLACE sales between September 2003 and May 2020 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 2007 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2020 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 2 HORNER PLACE be worth now?

2 HORNER PLACE might now be worth an estimated £400,091.

This is based on house price inflation of 16%, between May 2020 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 16% inflationary increase is applied to the most recent sale price for 2 HORNER PLACE of £345,000 on 20th May 2020. For the value to have increased from £345,000 to £400,091 over the four years and eleven months to June 2025, the following assumptions must hold true:

• The value of 2 HORNER PLACE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The May 2020 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HORNER PLACE has not materially changed since May 2020.

How Large is 2 HORNER PLACE?

2 HORNER PLACE is 99m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 30% 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 HORNER PLACE lies on this distribution: 28% of semi-detached houses houses are smaller than 2 HORNER PLACE, and 72% of houses are larger. Note that EPC data is not available for all properties in Witham.

2 HORNER PLACE: Plot and Title Map

2 HORNER PLACE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 2 HORNER PLACE, 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 HORNER PLACE). 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 HORNER PLACE?

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