MONKSLEA, EARLSMEAD, WITHAM, CM8 2EH - £480,000

MONKSLEA is a very large extended detached house of 152m², built sometime between 1991 and 1995. It was last sold for £480,000 in November 2013, which was around 48% above the average November 2013 detached price in the Braintree local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

MONKSLEA Sold Prices

Land registry data shows three sales for MONKSLEA 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. All of the three MONKSLEA 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 28 NOV	£480,000	£324,775	48% above HPI
2009 25 NOV	£405,000	£288,276	40% above HPI
1995 17 AUG	£159,500	£94,110	69% above HPI

MONKSLEA 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 MONKSLEA sales between August 1995 and November 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 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the November 2013 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is MONKSLEA?

MONKSLEA is 152m², which includes one extension, according to the EPC inspection conducted in May 2013. 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 MONKSLEA lies on this distribution: 80% of detached houses are smaller than MONKSLEA, and 20% of houses are larger. Note that EPC data is not available for all properties in Witham.

MONKSLEA: Plot and Title Map

MONKSLEA sits on a plot of roughly 0.211 of an acre, or 853m². The below map shows the location of MONKSLEA, 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 MONKSLEA). 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 MONKSLEA?

MONKSLEA is located on EARLSMEAD in WITHAM, in the CM8 postcode district. The below map shows the position of MONKSLEA on EARLSMEAD.