9, WILLOW RISE, WITHAM, CM8 2LL - £160,000

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.

9 WILLOW RISE is a very small semi-detached house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £239,321. It was last sold for £160,000 in September 2014, which was around 28% below the average September 2014 semi-detached price in the Braintree local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

9 WILLOW RISE Sold Prices

Land registry data shows five sales for 9 WILLOW RISE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. All of the five 9 WILLOW RISE sales were for below 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
2014 10 SEP	£160,000	£222,548	28% below HPI
2006 15 MAR	£143,000	£179,926	21% below HPI
2004 20 FEB	£126,000	£157,263	20% below HPI
2002 28 JAN	£85,000	£108,590	22% below HPI
1998 7 DEC	£54,000	£67,464	20% below HPI

9 WILLOW RISE 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 five 9 WILLOW RISE sales between December 1998 and September 2014 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 March 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2014 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 9 WILLOW RISE be worth now?

9 WILLOW RISE might now be worth an estimated £239,321.

This is based on house price inflation of 49.6%, between September 2014 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 49.6% inflationary increase is applied to the most recent sale price for 9 WILLOW RISE of £160,000 on 10th September 2014. For the value to have increased from £160,000 to £239,321 over the twelve years and four months to May 2026, the following assumptions must hold true:

• The value of 9 WILLOW RISE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The September 2014 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 9 WILLOW RISE has not materially changed since September 2014.

How Large is 9 WILLOW RISE?

9 WILLOW RISE is 65m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% 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 9 WILLOW RISE lies on this distribution: 2% of semi-detached houses houses are smaller than 9 WILLOW RISE, and 98% of houses are larger. Note that EPC data is not available for all properties in Witham.

9 WILLOW RISE: Plot and Title Map

9 WILLOW RISE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 9 WILLOW RISE, 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 9 WILLOW RISE). 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 9 WILLOW RISE?

9 WILLOW RISE is located in WITHAM, in the CM8 postcode district. The below map shows the position of No. 9 on WILLOW RISE.