56, GREENFIELD, WITHAM, CM8 2FA - £158,500

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.

56 GREENFIELD is a very small terraced house of 79m², built sometime between 1991 and 1995, which could now be worth an estimated £280,971. It was last sold for £158,500 in April 2012, which was around 7% above the average April 2012 terraced price in the Braintree local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

56 GREENFIELD Sold Prices

Land registry data shows four sales for 56 GREENFIELD 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. All of the four 56 GREENFIELD 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
2012 20 APR	£158,500	£148,443	7% above HPI
2009 12 OCT	£155,000	£146,469	6% above HPI
2004 11 JUN	£139,500	£131,726	6% above HPI
2002 18 JAN	£92,000	£83,570	10% above HPI

56 GREENFIELD 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 56 GREENFIELD sales between January 2002 and April 2012 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 2009 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the April 2012 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 56 GREENFIELD be worth now?

56 GREENFIELD might now be worth an estimated £280,971.

This is based on house price inflation of 77.3%, between April 2012 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 77.3% inflationary increase is applied to the most recent sale price for 56 GREENFIELD of £158,500 on 20th April 2012. For the value to have increased from £158,500 to £280,971 over the fourteen years to April 2026, the following assumptions must hold true:

• The value of 56 GREENFIELD has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The April 2012 sale price of £158,500 represented a fair market value for the property.
• The size, condition, and specification of 56 GREENFIELD has not materially changed since April 2012.

How Large is 56 GREENFIELD?

56 GREENFIELD is 79m² according to the EPC inspection conducted in August 2011. 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 56 GREENFIELD lies on this distribution: 7% of terraced houses houses are smaller than 56 GREENFIELD, and 93% of houses are larger. Note that EPC data is not available for all properties in Witham.

56 GREENFIELD: Plot and Title Map

56 GREENFIELD sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 56 GREENFIELD, 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 56 GREENFIELD). 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 56 GREENFIELD?

56 GREENFIELD is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 56 on GREENFIELD.