2, THE PADDOCKS, WITHAM, CM8 2DR - £268,000

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 THE PADDOCKS is a small extended detached house of 111m², built sometime between 1976 and 1982, which could now be worth an estimated £475,995. It was last sold for £268,000 in February 2011, which was around 13% below the average February 2011 detached price in the Braintree local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

2 THE PADDOCKS Sold Prices

Land registry data shows one sale for 2 THE PADDOCKS 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
2011 22 FEB	£268,000	£309,327	13% below HPI

What might 2 THE PADDOCKS be worth now?

2 THE PADDOCKS might now be worth an estimated £475,995.

This is based on house price inflation of 77.6%, between February 2011 and April 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 77.6% inflationary increase is applied to the most recent sale price for 2 THE PADDOCKS of £268,000 on 22nd February 2011. For the value to have increased from £268,000 to £475,995 over the fourteen years and ten months to April 2026, the following assumptions must hold true:

• The value of 2 THE PADDOCKS has moved in line with the HPI for detached houses in the Braintree local authority area.
• The February 2011 sale price of £268,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE PADDOCKS has not materially changed since February 2011.

How Large is 2 THE PADDOCKS?

2 THE PADDOCKS is 111m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the smallest 40% 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 THE PADDOCKS lies on this distribution: 39% of detached houses are smaller than 2 THE PADDOCKS, and 61% of detached houses are larger. Note that EPC data is not available for all properties in Witham.

2 THE PADDOCKS: Plot

2 THE PADDOCKS sits on a plot of roughly 0.091 of an acre, or 367m².

Where is 2 THE PADDOCKS?

2 THE PADDOCKS is located in WITHAM, in the CM8 postcode district.