47, WALNUT DRIVE, WITHAM, CM8 2ST - £255,000

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.

47 WALNUT DRIVE is a small extended terraced house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £265,427. It was last sold for £255,000 in January 2022, which was around 1% above the average January 2022 terraced price in the Braintree local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

47 WALNUT DRIVE Sold Prices

Land registry data shows two sales for 47 WALNUT DRIVE 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. One of the two 47 WALNUT DRIVE sales was for above the average price, whilst the other was roughly equal to 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 5 JAN	£255,000	£252,806	1% above HPI
2013 12 FEB	£151,500	£151,814	Close to HPI

47 WALNUT DRIVE 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 47 WALNUT DRIVE sales from February 2013 and January 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 February 2013 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2022 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 47 WALNUT DRIVE be worth now?

47 WALNUT DRIVE might now be worth an estimated £265,427.

This is based on house price inflation of 4.1%, between January 2022 and April 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 4.1% inflationary increase is applied to the most recent sale price for 47 WALNUT DRIVE of £255,000 on 5th January 2022. For the value to have increased from £255,000 to £265,427 over the three years and nine months to April 2026, the following assumptions must hold true:

• The value of 47 WALNUT DRIVE has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The January 2022 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 47 WALNUT DRIVE has not materially changed since January 2022.

How Large is 47 WALNUT DRIVE?

47 WALNUT DRIVE is 103m², which includes one extension, according to the EPC inspection conducted in May 2012. 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 47 WALNUT DRIVE lies on this distribution: 32% of terraced houses houses are smaller than 47 WALNUT DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Witham.

47 WALNUT DRIVE: Plot and Title Map

47 WALNUT DRIVE sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 47 WALNUT DRIVE, 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 47 WALNUT DRIVE). 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 47 WALNUT DRIVE?

47 WALNUT DRIVE is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 47 on WALNUT DRIVE.