58, EPPING WAY, WITHAM, CM8 1NQ - £295,000

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.

58 EPPING WAY is a very small extended terraced house of 73m², built sometime between 1991 and 1995, which could now be worth an estimated £338,482. It was last sold for £295,000 in July 2020, which was around 27% above the average July 2020 terraced price in the Braintree local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

58 EPPING WAY Sold Prices

Land registry data shows two sales for 58 EPPING WAY 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 58 EPPING WAY sales was for above the average price, whilst the other was 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
2020 23 JUL	£295,000	£232,079	27% above HPI
2008 23 DEC	£140,000	£150,788	7% below HPI

58 EPPING 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 two 58 EPPING WAY sales from December 2008 and July 2020 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 December 2008 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2020 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 58 EPPING WAY be worth now?

58 EPPING WAY might now be worth an estimated £338,482.

This is based on house price inflation of 14.7%, between July 2020 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 14.7% inflationary increase is applied to the most recent sale price for 58 EPPING WAY of £295,000 on 23rd July 2020. For the value to have increased from £295,000 to £338,482 over the five years and one month to June 2025, the following assumptions must hold true:

• The value of 58 EPPING WAY has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The July 2020 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 58 EPPING WAY has not materially changed since July 2020.

How Large is 58 EPPING WAY?

58 EPPING WAY is 73m², which includes one extension, according to the EPC inspection conducted in January 2016. 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 58 EPPING WAY lies on this distribution: 4% of terraced houses houses are smaller than 58 EPPING WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Witham.

58 EPPING WAY: Plot and Title Map

58 EPPING WAY sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 58 EPPING 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 58 EPPING 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 58 EPPING WAY?

58 EPPING WAY is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 58 on EPPING WAY.