3, CLAUDIUS WAY, WITHAM, CM8 1PY - £155,000

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.

3 CLAUDIUS WAY is a very small terraced house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £262,547. It was last sold for £155,000 in August 2010, which was around 1% below the average August 2010 terraced price in the Braintree local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

3 CLAUDIUS WAY Sold Prices

Land registry data shows two sales for 3 CLAUDIUS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. Both of the two 3 CLAUDIUS WAY 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
2010 31 AUG	£155,000	£157,221	1% below HPI
2006 3 MAR	£129,500	£146,397	12% below HPI

3 CLAUDIUS 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 two 3 CLAUDIUS WAY sales from March 2006 and August 2010 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 March 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2010 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 3 CLAUDIUS WAY be worth now?

3 CLAUDIUS WAY might now be worth an estimated £262,547.

This is based on house price inflation of 69.4%, between August 2010 and May 2026, 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 69.4% inflationary increase is applied to the most recent sale price for 3 CLAUDIUS WAY of £155,000 on 31st August 2010. For the value to have increased from £155,000 to £262,547 over the sixteen years and three months to May 2026, the following assumptions must hold true:

• The value of 3 CLAUDIUS WAY has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The August 2010 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CLAUDIUS WAY has not materially changed since August 2010.

How Large is 3 CLAUDIUS WAY?

3 CLAUDIUS WAY is 55m² according to the EPC inspection conducted in May 2010. 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 3 CLAUDIUS WAY lies on this distribution: 1% of terraced houses houses are smaller than 3 CLAUDIUS WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Witham.

3 CLAUDIUS WAY: Plot and Title Map

3 CLAUDIUS WAY sits on a plot of roughly 0.024 of an acre, or 97m². The below map shows the location of 3 CLAUDIUS 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 3 CLAUDIUS 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 3 CLAUDIUS WAY?

3 CLAUDIUS WAY is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 3 on CLAUDIUS WAY.