2, MORTIMER WAY, WITHAM, CM8 1UJ - £284,000

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.

2 MORTIMER WAY is a semi-detached house, which could now be worth an estimated £497,694. It was last sold for £284,000 in January 2007, which was around 50% above the average January 2007 semi-detached price in the Braintree local authority area.

2 MORTIMER WAY Sold Prices

Land registry data shows two sales for 2 MORTIMER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. Both of the two 2 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
2007 29 JAN	£284,000	£189,950	50% above HPI
2006 13 APR	£250,000	£179,370	39% above HPI

What might 2 MORTIMER WAY be worth now?

2 MORTIMER WAY might now be worth an estimated £497,694.

This is based on house price inflation of 75.2%, between January 2007 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 75.2% inflationary increase is applied to the most recent sale price for 2 MORTIMER WAY of £284,000 on 29th January 2007. For the value to have increased from £284,000 to £497,694 over the eighteen years and eight months to May 2026, the following assumptions must hold true:

• The value of 2 MORTIMER WAY has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The January 2007 sale price of £284,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MORTIMER WAY has not materially changed since January 2007.

Where is 2 MORTIMER WAY?

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