28, EPPING WAY, WITHAM, CM8 1NQ - £240,000

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.

28 EPPING WAY is a very small terraced house of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £266,406. It was last sold for £240,000 in February 2021, which was about the average February 2021 terraced price in the Braintree local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

28 EPPING WAY Sold Prices

Land registry data shows five sales for 28 EPPING WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. The five 28 EPPING WAY sales were a mix of roughly equal to the average price, above the average price, and 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
2021 26 FEB	£240,000	£239,893	Close to HPI
2017 15 FEB	£217,500	£220,324	1% below HPI
2015 2 APR	£180,000	£184,513	2% below HPI
2001 30 NOV	£78,000	£79,884	2% below HPI
1998 17 DEC	£56,000	£52,208	7% above HPI

28 EPPING WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Braintree local authority area over time, sourced from the HPI. The five 28 EPPING WAY sales between December 1998 and February 2021 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 February 2017 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 28 EPPING WAY be worth now?

28 EPPING WAY might now be worth an estimated £266,406.

This is based on house price inflation of 11%, between February 2021 and June 2025, for terraced 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 11% inflationary increase is applied to the most recent sale price for 28 EPPING WAY of £240,000 on 26th February 2021. For the value to have increased from £240,000 to £266,406 over the three years and eight months to June 2025, the following assumptions must hold true:

• The value of 28 EPPING WAY has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The February 2021 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 28 EPPING WAY has not materially changed since February 2021.

How Large is 28 EPPING WAY?

28 EPPING WAY is 54m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of terraced houses houses in Witham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Witham, and where 28 EPPING WAY lies on this distribution: 1% of terraced houses houses are smaller than 28 EPPING WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Witham.

28 EPPING WAY: Plot and Title Map

28 EPPING WAY sits on a plot of roughly 0.022 of an acre, or 90m². The below map shows the location of 28 EPPING 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 28 EPPING 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 28 EPPING WAY?

28 EPPING WAY is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 28 on EPPING WAY.