88, PURCELL ROAD, WITHAM, CM8 1FF - £275,000

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.

88 PURCELL ROAD is a midsized terraced house of 120m², built in 2009, which could now be worth an estimated £416,018. It was last sold for £275,000 in January 2015, which was around 56% above the average January 2015 terraced price in the Braintree local authority area. The most recent EPC inspection was April 2010, where the current energy rating was B, and the potential energy rating was B.

88 PURCELL ROAD Sold Prices

Land registry data shows two sales for 88 PURCELL ROAD 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. Both of the two 88 PURCELL ROAD 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
2015 20 JAN	£275,000	£176,038	56% above HPI
2010 28 JUN	£264,950	£153,821	72% above HPI

88 PURCELL ROAD 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 88 PURCELL ROAD sales from June 2010 and January 2015 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 June 2010 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the January 2015 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 88 PURCELL ROAD be worth now?

88 PURCELL ROAD might now be worth an estimated £416,018.

This is based on house price inflation of 51.3%, between January 2015 and May 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 51.3% inflationary increase is applied to the most recent sale price for 88 PURCELL ROAD of £275,000 on 20th January 2015. For the value to have increased from £275,000 to £416,018 over the ten years and eight months to May 2026, the following assumptions must hold true:

• The value of 88 PURCELL ROAD has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The January 2015 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 88 PURCELL ROAD has not materially changed since January 2015.

How Large is 88 PURCELL ROAD?

88 PURCELL ROAD is 120m² according to the EPC inspection conducted in April 2010. 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 88 PURCELL ROAD lies on this distribution: 51% of terraced houses houses are smaller than 88 PURCELL ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Witham.

88 PURCELL ROAD: Plot and Title Map

88 PURCELL ROAD sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 88 PURCELL ROAD, 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 88 PURCELL ROAD). 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 88 PURCELL ROAD?

88 PURCELL ROAD is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 88 on PURCELL ROAD.