35, THE PADDOCKS, WITHAM, CM8 2DR - £535,000

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.

35 THE PADDOCKS is a small detached house of 106m², built sometime between 1976 and 1982, which could now be worth an estimated £530,456. It was last sold for £535,000 in June 2022, which was around 3% below the average June 2022 detached price in the Braintree local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

35 THE PADDOCKS Sold Prices

Land registry data shows two sales for 35 THE PADDOCKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two 35 THE PADDOCKS 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
2022 28 JUN	£535,000	£554,102	3% below HPI
1999 15 OCT	£127,500	£135,842	6% below HPI

35 THE PADDOCKS 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 two 35 THE PADDOCKS sales from October 1999 and June 2022 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 October 1999 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 35 THE PADDOCKS be worth now?

35 THE PADDOCKS might now be worth an estimated £530,456.

This is based on house price deflation of 0.8%, between June 2022 and April 2026, 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 0.8% deflationary decrease is applied to the most recent sale price for 35 THE PADDOCKS of £535,000 on 28th June 2022. For the value to have decreased from £535,000 to £530,456 over the four years and two months to April 2026, the following assumptions must hold true:

• The value of 35 THE PADDOCKS has moved in line with the HPI for detached houses in the Braintree local authority area.
• The June 2022 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 35 THE PADDOCKS has not materially changed since June 2022.

How Large is 35 THE PADDOCKS?

35 THE PADDOCKS is 106m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% 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 35 THE PADDOCKS lies on this distribution: 35% of detached houses houses are smaller than 35 THE PADDOCKS, and 65% of houses are larger. Note that EPC data is not available for all properties in Witham.

35 THE PADDOCKS: Plot and Title Map

35 THE PADDOCKS sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 35 THE PADDOCKS, 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 35 THE PADDOCKS). 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 35 THE PADDOCKS?

35 THE PADDOCKS is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 35 on THE PADDOCKS.