23, RANDALL CLOSE, WITHAM, CM8 1FP - £242,500

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.

23 RANDALL CLOSE is a very large extended flat of 73m², built sometime between 2003 and 2006, which could now be worth an estimated £226,387. It was last sold for £242,500 in July 2022, which was around 49% above the average July 2022 flat price in the Braintree local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was C.

23 RANDALL CLOSE Sold Prices

Land registry data shows two sales for 23 RANDALL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Braintree local authority area for the corresponding sale date. Both of the two 23 RANDALL CLOSE 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
2022 20 JUL	£242,500	£163,155	49% above HPI
2005 15 APR	£180,000	£105,503	71% above HPI

What might 23 RANDALL CLOSE be worth now?

23 RANDALL CLOSE might now be worth an estimated £226,387.

This is based on house price deflation of 6.6%, between July 2022 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 6.6% deflationary decrease is applied to the most recent sale price for 23 RANDALL CLOSE of £242,500 on 20th July 2022. For the value to have decreased from £242,500 to £226,387 over the four years and two months to May 2026, the following assumptions must hold true:

• The value of 23 RANDALL CLOSE has moved in line with the HPI for flats in the Braintree local authority area.
• The July 2022 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 23 RANDALL CLOSE has not materially changed since July 2022.

How Large is 23 RANDALL CLOSE?

23 RANDALL CLOSE is 73m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the largest 10% of flats in Witham, based on EPC data. 90% of flats are smaller than 23 RANDALL CLOSE, and 9% of flats are larger. Note that EPC data is not available for all properties in Witham.

23 RANDALL CLOSE: Plot

23 RANDALL CLOSE sits on a plot of roughly 0.038 of an acre, or 155m².

Where is 23 RANDALL CLOSE?

23 RANDALL CLOSE is located in WITHAM, in the CM8 postcode district.