3, RANDALL CLOSE, WITHAM, CM8 1FP - £235,000

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.

3 RANDALL CLOSE is a very large flat of 68m², built sometime between 2007 and 2011, which could now be worth an estimated £217,428. It was last sold for £235,000 in January 2023, which was around 43% above the average January 2023 flat price in the Braintree local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

3 RANDALL CLOSE Sold Prices

Land registry data shows three sales for 3 RANDALL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Braintree local authority area for the corresponding sale date. All of the three 3 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
2023 27 JAN	£235,000	£164,624	43% above HPI
2018 10 JUL	£207,500	£150,547	38% above HPI
2005 28 JUN	£160,000	£105,723	51% above HPI

What might 3 RANDALL CLOSE be worth now?

3 RANDALL CLOSE might now be worth an estimated £217,428.

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 3 RANDALL CLOSE of £235,000 on 27th January 2023. For the value to have decreased from £235,000 to £217,428 over the two years and eight months to May 2026, the following assumptions must hold true:

• The value of 3 RANDALL CLOSE has moved in line with the HPI for flats in the Braintree local authority area.
• The January 2023 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RANDALL CLOSE has not materially changed since January 2023.

How Large is 3 RANDALL CLOSE?

3 RANDALL CLOSE is 68m² according to the EPC inspection conducted in October 2022. This puts it in the largest 20% of flats in Witham, based on EPC data. 85% of flats are smaller than 3 RANDALL CLOSE, and 14% of flats are larger. Note that EPC data is not available for all properties in Witham.

3 RANDALL CLOSE: Plot

3 RANDALL CLOSE sits on a plot of roughly 0.387 of an acre, or 1,568m².

Where is 3 RANDALL CLOSE?

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