50, POPLAR CLOSE, WITHAM, CM8 2PB - £222,500

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.

50 POPLAR CLOSE is a very small terraced house of 88m², built sometime between 1967 and 1975, which could now be worth an estimated £296,594. It was last sold for £222,500 in March 2016, which was around 11% above the average March 2016 terraced price in the Braintree local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

50 POPLAR CLOSE Sold Prices

Land registry data shows three sales for 50 POPLAR CLOSE 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 50 POPLAR CLOSE 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
2016 17 MAR	£222,500	£199,781	11% above HPI
2005 3 JUN	£145,500	£140,147	4% above HPI
1998 9 NOV	£63,000	£52,023	21% above HPI

50 POPLAR CLOSE 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 50 POPLAR CLOSE sales between November 1998 and March 2016 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 June 2005 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2016 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 50 POPLAR CLOSE be worth now?

50 POPLAR CLOSE might now be worth an estimated £296,594.

This is based on house price inflation of 33.3%, between March 2016 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 33.3% inflationary increase is applied to the most recent sale price for 50 POPLAR CLOSE of £222,500 on 17th March 2016. For the value to have increased from £222,500 to £296,594 over the nine years and ten months to May 2026, the following assumptions must hold true:

• The value of 50 POPLAR CLOSE has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The March 2016 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 50 POPLAR CLOSE has not materially changed since March 2016.

How Large is 50 POPLAR CLOSE?

50 POPLAR CLOSE is 88m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% 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 50 POPLAR CLOSE lies on this distribution: 14% of terraced houses houses are smaller than 50 POPLAR CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Witham.

50 POPLAR CLOSE: Plot and Title Map

50 POPLAR CLOSE sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 50 POPLAR CLOSE, 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 50 POPLAR CLOSE). 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 50 POPLAR CLOSE?

50 POPLAR CLOSE is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 50 on POPLAR CLOSE.