38, MORTIMER WAY, WITHAM, CM8 1UJ - £205,000

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.

38 MORTIMER WAY is a large flat of 60m², built sometime between 2003 and 2006, which could now be worth an estimated £190,796. It was last sold for £205,000 in March 2023, which was around 25% above the average March 2023 flat price in the Braintree local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

38 MORTIMER WAY Sold Prices

Land registry data shows three sales for 38 MORTIMER WAY 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 38 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 31 MAR	£205,000	£163,653	25% above HPI
2016 21 DEC	£186,000	£143,020	30% above HPI
2005 22 DEC	£178,995	£108,359	65% above HPI

What might 38 MORTIMER WAY be worth now?

38 MORTIMER WAY might now be worth an estimated £190,796.

This is based on house price deflation of 6.9%, between March 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 6.9% deflationary decrease is applied to the most recent sale price for 38 MORTIMER WAY of £205,000 on 31st March 2023. For the value to have decreased from £205,000 to £190,796 over the two years and ten months to May 2026, the following assumptions must hold true:

• The value of 38 MORTIMER WAY has moved in line with the HPI for flats in the Braintree local authority area.
• The March 2023 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 38 MORTIMER WAY has not materially changed since March 2023.

How Large is 38 MORTIMER WAY?

38 MORTIMER WAY is 60m² according to the EPC inspection conducted in October 2017. This puts it in the largest 30% of flats in Witham, based on EPC data. 72% of flats are smaller than 38 MORTIMER WAY, and 26% of flats are larger. Note that EPC data is not available for all properties in Witham.

38 MORTIMER WAY: Plot

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

Where is 38 MORTIMER WAY?

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