LOCKWOOD COTTAGE, MALDON ROAD, WITHAM, CM8 1HT - £445,000

LOCKWOOD COTTAGE is a very large extended detached house of 170m², built sometime between 1950 and 1966. It was last sold for £445,000 in November 2017, which was around 5% below the average November 2017 detached price in the Braintree local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

LOCKWOOD COTTAGE Sold Prices

Land registry data shows three sales for LOCKWOOD COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. The three LOCKWOOD COTTAGE sales were a mix of below the average price, roughly equal to the average price, and 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
2017 29 NOV	£445,000	£467,795	5% below HPI
2006 11 JUL	£295,000	£294,225	Close to HPI
2003 21 FEB	£286,000	£244,010	17% above HPI

LOCKWOOD COTTAGE 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 three LOCKWOOD COTTAGE sales between February 2003 and November 2017 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 July 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2017 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is LOCKWOOD COTTAGE?

LOCKWOOD COTTAGE is 170m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 20% of detached houses in Witham, based on EPC data. The below chart shows the distribution of detached houses by size in Witham, and where LOCKWOOD COTTAGE lies on this distribution: 88% of detached houses are smaller than LOCKWOOD COTTAGE, and 12% of houses are larger. Note that EPC data is not available for all properties in Witham.

LOCKWOOD COTTAGE: Plot and Title Map

LOCKWOOD COTTAGE sits on a plot of roughly 0.210 of an acre, or 851m². The below map shows the location of LOCKWOOD COTTAGE, 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 LOCKWOOD COTTAGE). 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 LOCKWOOD COTTAGE?

LOCKWOOD COTTAGE is located on MALDON ROAD in WITHAM, in the CM8 postcode district. The below map shows the position of LOCKWOOD COTTAGE on MALDON ROAD.