2, PRENTICE PLACE, WITHAM, CM8 2GY - £339,995

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 PRENTICE PLACE is a very small detached house of 89m², built in 2019, which could now be worth an estimated £387,862. It was last sold for £339,995 in July 2019, which was around 30% below the average July 2019 detached price in the Braintree local authority area. The most recent EPC inspection was July 2019, where the current energy rating was B, and the potential energy rating was A.

2 PRENTICE PLACE Sold Prices

Land registry data shows one sale for 2 PRENTICE PLACE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Braintree local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 31 JUL	£339,995	£488,164	30% below HPI

What might 2 PRENTICE PLACE be worth now?

2 PRENTICE PLACE might now be worth an estimated £387,862.

This is based on house price inflation of 14.1%, between July 2019 and May 2026, for 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 14.1% inflationary increase is applied to the most recent sale price for 2 PRENTICE PLACE of £339,995 on 31st July 2019. For the value to have increased from £339,995 to £387,862 over the seven years and two months to May 2026, the following assumptions must hold true:

• The value of 2 PRENTICE PLACE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The July 2019 sale price of £339,995 represented a fair market value for the property.
• The size, condition, and specification of 2 PRENTICE PLACE has not materially changed since July 2019.

How Large is 2 PRENTICE PLACE?

2 PRENTICE PLACE is 89m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 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 2 PRENTICE PLACE lies on this distribution: 15% of detached houses are smaller than 2 PRENTICE PLACE, and 83% of detached houses are larger. Note that EPC data is not available for all properties in Witham.

2 PRENTICE PLACE: Plot

2 PRENTICE PLACE sits on a plot of roughly 0.054 of an acre, or 220m².

Where is 2 PRENTICE PLACE?

2 PRENTICE PLACE is located in WITHAM, in the CM8 postcode district.