8, AUGUSTUS WAY, WITHAM, CM8 1HH - £550,000

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.

8 AUGUSTUS WAY is a very large detached house of 153m², built sometime between 1967 and 1975, which could now be worth an estimated £623,236. It was last sold for £550,000 in October 2020, which was around 8% above the average October 2020 detached price in the Braintree local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was C.

8 AUGUSTUS WAY Sold Prices

Land registry data shows two sales for 8 AUGUSTUS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two 8 AUGUSTUS WAY 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
2020 22 OCT	£550,000	£509,661	8% above HPI
2001 6 APR	£195,000	£171,584	14% above HPI

8 AUGUSTUS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 8 AUGUSTUS WAY sales from April 2001 and October 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 April 2001 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2020 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 8 AUGUSTUS WAY be worth now?

8 AUGUSTUS WAY might now be worth an estimated £623,236.

This is based on house price inflation of 13.3%, between October 2020 and February 2025, for 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 13.3% inflationary increase is applied to the most recent sale price for 8 AUGUSTUS WAY of £550,000 on 22nd October 2020. For the value to have increased from £550,000 to £623,236 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 AUGUSTUS WAY has moved in line with the HPI for detached houses in the Braintree local authority area.
• The October 2020 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 8 AUGUSTUS WAY has not materially changed since October 2020.

How Large is 8 AUGUSTUS WAY?

8 AUGUSTUS WAY is 153m² according to the EPC inspection conducted in July 2019. This puts it in the largest 20% of detached houses houses in Witham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Witham, and where 8 AUGUSTUS WAY lies on this distribution: 82% of detached houses houses are smaller than 8 AUGUSTUS WAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Witham.

8 AUGUSTUS WAY: Plot and Title Map

8 AUGUSTUS WAY sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 8 AUGUSTUS 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 8 AUGUSTUS 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 8 AUGUSTUS WAY?

8 AUGUSTUS WAY is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 8 on AUGUSTUS WAY.