4, STEVENS ROAD, WITHAM, CM8 1NB - £285,000

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.

4 STEVENS ROAD is a small terraced house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £340,070. It was last sold for £285,000 in June 2017, which was around 28% above the average June 2017 terraced price in the Braintree local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

4 STEVENS ROAD Sold Prices

Land registry data shows three sales for 4 STEVENS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. All of the three 4 STEVENS ROAD sales were 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
2017 21 JUN	£285,000	£223,165	28% above HPI
2014 17 JAN	£195,000	£162,985	20% above HPI
2003 13 JUN	£157,000	£114,652	37% above HPI

4 STEVENS ROAD 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 three 4 STEVENS ROAD sales between June 2003 and June 2017 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 January 2014 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2017 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 4 STEVENS ROAD be worth now?

4 STEVENS ROAD might now be worth an estimated £340,070.

This is based on house price inflation of 19.3%, between June 2017 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 19.3% inflationary increase is applied to the most recent sale price for 4 STEVENS ROAD of £285,000 on 21st June 2017. For the value to have increased from £285,000 to £340,070 over the eight years to June 2025, the following assumptions must hold true:

• The value of 4 STEVENS ROAD has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The June 2017 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 4 STEVENS ROAD has not materially changed since June 2017.

How Large is 4 STEVENS ROAD?

4 STEVENS ROAD is 102m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 40% 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 4 STEVENS ROAD lies on this distribution: 31% of terraced houses houses are smaller than 4 STEVENS ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Witham.

4 STEVENS ROAD: Plot and Title Map

4 STEVENS ROAD sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of 4 STEVENS ROAD, 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 4 STEVENS ROAD). 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 4 STEVENS ROAD?

4 STEVENS ROAD is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 4 on STEVENS ROAD.