23, BAKER WAY, WITHAM, CM8 1UG - £435,000

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.

23 BAKER WAY is a very large extended detached house of 159m², built sometime between 2003 and 2006, which could now be worth an estimated £493,798. It was last sold for £435,000 in October 2018, which was around 13% below the average October 2018 detached price in the Braintree local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

23 BAKER WAY Sold Prices

Land registry data shows three sales for 23 BAKER WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Two of the three 23 BAKER WAY 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
2018 19 OCT	£435,000	£497,785	13% below HPI
2014 30 APR	£325,000	£347,842	7% below HPI
2006 31 JUL	£359,950	£307,740	17% above HPI

23 BAKER WAY 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 three 23 BAKER WAY sales between July 2006 and October 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 April 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 23 BAKER WAY be worth now?

23 BAKER WAY might now be worth an estimated £493,798.

This is based on house price inflation of 13.5%, between October 2018 and March 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 13.5% inflationary increase is applied to the most recent sale price for 23 BAKER WAY of £435,000 on 19th October 2018. For the value to have increased from £435,000 to £493,798 over the seven years and seven months to March 2025, the following assumptions must hold true:

• The value of 23 BAKER WAY has moved in line with the HPI for detached houses in the Braintree local authority area.
• The October 2018 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 23 BAKER WAY has not materially changed since October 2018.

How Large is 23 BAKER WAY?

23 BAKER WAY is 159m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 20% 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 23 BAKER WAY lies on this distribution: 84% of detached houses houses are smaller than 23 BAKER WAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Witham.

23 BAKER WAY: Plot and Title Map

23 BAKER WAY sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 23 BAKER WAY, 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 23 BAKER WAY). 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 23 BAKER WAY?

23 BAKER WAY is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 23 on BAKER WAY.