4, DRIVER WAY, WITHAM, CM8 2FY - £449,995

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.

4 DRIVER WAY is a midsized detached house of 118m², built in 2017, which could now be worth an estimated £511,877. It was last sold for £449,995 in June 2018, which was around 8% below the average June 2018 detached price in the Braintree local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was A.

4 DRIVER WAY Sold Prices

Land registry data shows one sale for 4 DRIVER WAY 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
2018 28 JUN	£449,995	£489,568	8% below HPI

What might 4 DRIVER WAY be worth now?

4 DRIVER WAY might now be worth an estimated £511,877.

This is based on house price inflation of 13.8%, between June 2018 and May 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 13.8% inflationary increase is applied to the most recent sale price for 4 DRIVER WAY of £449,995 on 28th June 2018. For the value to have increased from £449,995 to £511,877 over the eight years and one month to May 2026, the following assumptions must hold true:

• The value of 4 DRIVER WAY has moved in line with the HPI for detached houses in the Braintree local authority area.
• The June 2018 sale price of £449,995 represented a fair market value for the property.
• The size, condition, and specification of 4 DRIVER WAY has not materially changed since June 2018.

How Large is 4 DRIVER WAY?

4 DRIVER WAY is 118m² according to the EPC inspection conducted in November 2017. This puts it in the largest 50% of detached houses in Witham, based on EPC data. The below chart shows the distribution of detached houses by size in Witham, and where 4 DRIVER WAY lies on this distribution: 47% of detached houses are smaller than 4 DRIVER WAY, and 50% of detached houses are larger. Note that EPC data is not available for all properties in Witham.

4 DRIVER WAY: Plot

4 DRIVER WAY sits on a plot of roughly 0.062 of an acre, or 250m².

Where is 4 DRIVER WAY?

4 DRIVER WAY is located in WITHAM, in the CM8 postcode district.