59, THE AVENUE, WITHAM, CM8 2DN - £407,000

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.

59 THE AVENUE is a very small semi-detached house of 90m², built sometime between 1900 and 1929, which could now be worth an estimated £476,542. It was last sold for £407,000 in October 2019, which was around 43% above the average October 2019 semi-detached price in the Braintree local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

59 THE AVENUE Sold Prices

Land registry data shows two sales for 59 THE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. Both of the two 59 THE AVENUE 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
2019 14 OCT	£407,000	£284,300	43% above HPI
2016 8 AUG	£397,000	£264,920	50% above HPI

59 THE AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The two 59 THE AVENUE sales from August 2016 and October 2019 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 2016 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the October 2019 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 59 THE AVENUE be worth now?

59 THE AVENUE might now be worth an estimated £476,542.

This is based on house price inflation of 17.1%, between October 2019 and May 2026, for semi-detached 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 17.1% inflationary increase is applied to the most recent sale price for 59 THE AVENUE of £407,000 on 14th October 2019. For the value to have increased from £407,000 to £476,542 over the seven years and five months to May 2026, the following assumptions must hold true:

• The value of 59 THE AVENUE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The October 2019 sale price of £407,000 represented a fair market value for the property.
• The size, condition, and specification of 59 THE AVENUE has not materially changed since October 2019.

How Large is 59 THE AVENUE?

59 THE AVENUE is 90m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of semi-detached houses houses in Witham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Witham, and where 59 THE AVENUE lies on this distribution: 17% of semi-detached houses houses are smaller than 59 THE AVENUE, and 82% of houses are larger. Note that EPC data is not available for all properties in Witham.

59 THE AVENUE: Plot and Title Map

59 THE AVENUE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 59 THE AVENUE, 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 59 THE AVENUE). 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 59 THE AVENUE?

59 THE AVENUE is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 59 on THE AVENUE.