41, HONEYSUCKLE WAY, WITHAM, CM8 2XG - £242,500

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.

41 HONEYSUCKLE WAY is a very small terraced house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £281,506. It was last sold for £242,500 in November 2017, which was around 6% above the average November 2017 terraced price in the Braintree local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

41 HONEYSUCKLE WAY Sold Prices

Land registry data shows four sales for 41 HONEYSUCKLE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. two of the four 41 HONEYSUCKLE WAY sales were for above the average price, and four 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
2017 24 NOV	£242,500	£229,390	6% above HPI
2006 25 AUG	£146,000	£152,867	4% below HPI
2004 2 APR	£109,500	£126,926	14% below HPI
2000 19 DEC	£72,000	£70,868	2% above HPI

41 HONEYSUCKLE 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 four 41 HONEYSUCKLE WAY sales between December 2000 and November 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 August 2006 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2017 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 41 HONEYSUCKLE WAY be worth now?

41 HONEYSUCKLE WAY might now be worth an estimated £281,506.

This is based on house price inflation of 16.1%, between November 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 16.1% inflationary increase is applied to the most recent sale price for 41 HONEYSUCKLE WAY of £242,500 on 24th November 2017. For the value to have increased from £242,500 to £281,506 over the eight years and five months to June 2025, the following assumptions must hold true:

• The value of 41 HONEYSUCKLE WAY has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The November 2017 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 41 HONEYSUCKLE WAY has not materially changed since November 2017.

How Large is 41 HONEYSUCKLE WAY?

41 HONEYSUCKLE WAY is 85m² according to the EPC inspection conducted in August 2017. 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 41 HONEYSUCKLE WAY lies on this distribution: 10% of terraced houses houses are smaller than 41 HONEYSUCKLE WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Witham.

41 HONEYSUCKLE WAY: Plot and Title Map

41 HONEYSUCKLE WAY sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 41 HONEYSUCKLE 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 41 HONEYSUCKLE 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 41 HONEYSUCKLE WAY?

41 HONEYSUCKLE WAY is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 41 on HONEYSUCKLE WAY.