69, ELGAR DRIVE, WITHAM, CM8 1NG - £333,750

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.

69 ELGAR DRIVE is a midsized extended terraced house of 121m², built sometime between 2003 and 2006, which could now be worth an estimated £388,740. It was last sold for £333,750 in September 2019, which was around 46% above the average September 2019 terraced price in the Braintree local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

69 ELGAR DRIVE Sold Prices

Land registry data shows four sales for 69 ELGAR DRIVE 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 69 ELGAR DRIVE 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 20 SEP	£333,750	£228,619	46% above HPI
2013 11 APR	£208,750	£149,938	39% above HPI
2008 10 NOV	£239,000	£154,715	54% above HPI
2003 26 JUN	£220,000	£114,652	92% above HPI

69 ELGAR 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 four 69 ELGAR DRIVE sales between June 2003 and September 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 April 2013 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the September 2019 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 69 ELGAR DRIVE be worth now?

69 ELGAR DRIVE might now be worth an estimated £388,740.

This is based on house price inflation of 16.5%, between September 2019 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 16.5% inflationary increase is applied to the most recent sale price for 69 ELGAR DRIVE of £333,750 on 20th September 2019. For the value to have increased from £333,750 to £388,740 over the six years and three months to June 2025, the following assumptions must hold true:

• The value of 69 ELGAR DRIVE has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The September 2019 sale price of £333,750 represented a fair market value for the property.
• The size, condition, and specification of 69 ELGAR DRIVE has not materially changed since September 2019.

How Large is 69 ELGAR DRIVE?

69 ELGAR DRIVE is 121m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 50% 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 69 ELGAR DRIVE lies on this distribution: 54% of terraced houses houses are smaller than 69 ELGAR DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Witham.

69 ELGAR DRIVE: Plot and Title Map

69 ELGAR DRIVE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 69 ELGAR 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 69 ELGAR 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 69 ELGAR DRIVE?

69 ELGAR DRIVE is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 69 on ELGAR DRIVE.