12, MORTIMER WAY, WITHAM, CM8 1UJ - £200,000

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.

12 MORTIMER WAY is a very large flat of 95m², built sometime between 2003 and 2006, which could now be worth an estimated £206,777. It was last sold for £200,000 in July 2019, which was around 36% above the average July 2019 flat price in the Braintree local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was C.

12 MORTIMER WAY Sold Prices

Land registry data shows three sales for 12 MORTIMER WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Braintree local authority area for the corresponding sale date. All of the three 12 MORTIMER WAY 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
2019 19 JUL	£200,000	£147,322	36% above HPI
2015 23 JUL	£175,000	£121,907	44% above HPI
2006 16 JUN	£178,000	£111,640	59% above HPI

What might 12 MORTIMER WAY be worth now?

12 MORTIMER WAY might now be worth an estimated £206,777.

This is based on house price inflation of 3.4%, between July 2019 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 3.4% inflationary increase is applied to the most recent sale price for 12 MORTIMER WAY of £200,000 on 19th July 2019. For the value to have increased from £200,000 to £206,777 over the seven years and two months to May 2026, the following assumptions must hold true:

• The value of 12 MORTIMER WAY has moved in line with the HPI for flats in the Braintree local authority area.
• The July 2019 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MORTIMER WAY has not materially changed since July 2019.

How Large is 12 MORTIMER WAY?

12 MORTIMER WAY is 95m² according to the EPC inspection conducted in October 2014. This puts it in the largest 10% of flats in Witham, based on EPC data. 99% of flats are smaller than 12 MORTIMER WAY, and 1% of flats are larger. Note that EPC data is not available for all properties in Witham.

12 MORTIMER WAY: Plot

12 MORTIMER WAY sits on a plot of roughly 0.940 of an acre, or 3,805m².

Where is 12 MORTIMER WAY?

12 MORTIMER WAY is located in WITHAM, in the CM8 postcode district.