1, RANDALL CLOSE, WITHAM, CM8 1FP - £185,000

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.

1 RANDALL CLOSE is a large flat of 58m², built sometime between 2003 and 2006, which could now be worth an estimated £183,589. It was last sold for £185,000 in July 2021, which was around 21% above the average July 2021 flat price in the Braintree local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was C.

1 RANDALL CLOSE Sold Prices

Land registry data shows two sales for 1 RANDALL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Braintree local authority area for the corresponding sale date. Both of the two 1 RANDALL 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
2021 29 JUL	£185,000	£153,485	21% above HPI
2005 11 MAR	£169,995	£106,384	60% above HPI

What might 1 RANDALL CLOSE be worth now?

1 RANDALL CLOSE might now be worth an estimated £183,589.

This is based on house price deflation of 0.8%, between July 2021 and May 2026, for flats, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.8% deflationary decrease is applied to the most recent sale price for 1 RANDALL CLOSE of £185,000 on 29th July 2021. For the value to have decreased from £185,000 to £183,589 over the five years and two months to May 2026, the following assumptions must hold true:

• The value of 1 RANDALL CLOSE has moved in line with the HPI for flats in the Braintree local authority area.
• The July 2021 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RANDALL CLOSE has not materially changed since July 2021.

How Large is 1 RANDALL CLOSE?

1 RANDALL CLOSE is 58m² according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of flats in Witham, based on EPC data. 67% of flats are smaller than 1 RANDALL CLOSE, and 30% of flats are larger. Note that EPC data is not available for all properties in Witham.

1 RANDALL CLOSE: Plot

1 RANDALL CLOSE sits on a plot of roughly 0.387 of an acre, or 1,568m².

Where is 1 RANDALL CLOSE?

1 RANDALL CLOSE is located in WITHAM, in the CM8 postcode district.