8, STAINER CLOSE, WITHAM, CM8 1RU - £225,000

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 STAINER CLOSE is a midsized terraced house of 118m², built sometime between 2003 and 2006, which could now be worth an estimated £384,016. It was last sold for £225,000 in June 2013, which was around 46% above the average June 2013 terraced price in the Braintree local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was B.

8 STAINER CLOSE Sold Prices

Land registry data shows three sales for 8 STAINER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. All of the three 8 STAINER CLOSE 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
2013 14 JUN	£225,000	£154,179	46% above HPI
2009 25 NOV	£195,000	£147,031	33% above HPI
2004 23 APR	£207,290	£126,926	63% above HPI

8 STAINER CLOSE 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 three 8 STAINER CLOSE sales between April 2004 and June 2013 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 November 2009 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the June 2013 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 8 STAINER CLOSE be worth now?

8 STAINER CLOSE might now be worth an estimated £384,016.

This is based on house price inflation of 70.7%, between June 2013 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 70.7% inflationary increase is applied to the most recent sale price for 8 STAINER CLOSE of £225,000 on 14th June 2013. For the value to have increased from £225,000 to £384,016 over the thirteen years and two months to April 2026, the following assumptions must hold true:

• The value of 8 STAINER CLOSE has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The June 2013 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 8 STAINER CLOSE has not materially changed since June 2013.

How Large is 8 STAINER CLOSE?

8 STAINER CLOSE is 118m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 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 8 STAINER CLOSE lies on this distribution: 47% of terraced houses houses are smaller than 8 STAINER CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Witham.

8 STAINER CLOSE: Plot and Title Map

8 STAINER CLOSE sits on a plot of roughly 0.032 of an acre, or 128m². The below map shows the location of 8 STAINER CLOSE, 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 STAINER CLOSE). 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 STAINER CLOSE?

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