22, MORTIMER WAY, WITHAM, CM8 1UJ - £250,000

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.

22 MORTIMER WAY is a very large flat of 89m², built sometime between 2007 and 2011, which could now be worth an estimated £231,306. It was last sold for £250,000 in January 2023, which was around 52% above the average January 2023 flat price in the Braintree local authority area. The most recent EPC inspection was August 2021, where the current energy rating was B, and the potential energy rating was B.

22 MORTIMER WAY Sold Prices

Land registry data shows four sales for 22 MORTIMER WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Braintree local authority area for the corresponding sale date. All of the four 22 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
2023 13 JAN	£250,000	£164,624	52% above HPI
2018 14 DEC	£210,000	£153,069	37% above HPI
2013 6 AUG	£137,000	£104,773	31% above HPI
2005 28 OCT	£181,995	£108,906	67% above HPI

What might 22 MORTIMER WAY be worth now?

22 MORTIMER WAY might now be worth an estimated £231,306.

This is based on house price deflation of 7.5%, between January 2023 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 7.5% deflationary decrease is applied to the most recent sale price for 22 MORTIMER WAY of £250,000 on 13th January 2023. For the value to have decreased from £250,000 to £231,306 over the two years and eight months to May 2026, the following assumptions must hold true:

• The value of 22 MORTIMER WAY has moved in line with the HPI for flats in the Braintree local authority area.
• The January 2023 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 22 MORTIMER WAY has not materially changed since January 2023.

How Large is 22 MORTIMER WAY?

22 MORTIMER WAY is 89m² according to the EPC inspection conducted in August 2021. This puts it in the largest 10% of flats in Witham, based on EPC data. 98% of flats are smaller than 22 MORTIMER WAY, and 2% of flats are larger. Note that EPC data is not available for all properties in Witham.

22 MORTIMER WAY: Plot

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

Where is 22 MORTIMER WAY?

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