5, CRESSING ROAD, WITHAM, CM8 2NP - £350,000

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.

5 CRESSING ROAD is a large extended semi-detached house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £366,237. It was last sold for £350,000 in February 2022, which was around 10% above the average February 2022 semi-detached price in the Braintree local authority area. The most recent EPC inspection was January 2022, where the current energy rating was E, and the potential energy rating was B.

5 CRESSING ROAD Sold Prices

Land registry data shows one sale for 5 CRESSING ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2022 25 FEB	£350,000	£318,119	10% above HPI

What might 5 CRESSING ROAD be worth now?

5 CRESSING ROAD might now be worth an estimated £366,237.

This is based on house price inflation of 4.6%, between February 2022 and May 2026, for semi-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 4.6% inflationary increase is applied to the most recent sale price for 5 CRESSING ROAD of £350,000 on 25th February 2022. For the value to have increased from £350,000 to £366,237 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 5 CRESSING ROAD has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The February 2022 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CRESSING ROAD has not materially changed since February 2022.

How Large is 5 CRESSING ROAD?

5 CRESSING ROAD is 99m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the largest 30% of semi-detached houses in Witham, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Witham, and where 5 CRESSING ROAD lies on this distribution: 71% of semi-detached houses are smaller than 5 CRESSING ROAD, and 28% of semi-detached houses are larger. Note that EPC data is not available for all properties in Witham.

5 CRESSING ROAD: Plot

5 CRESSING ROAD sits on a plot of roughly 0.081 of an acre, or 327m².

Where is 5 CRESSING ROAD?

5 CRESSING ROAD is located in WITHAM, in the CM8 postcode district.