5, TEIGN DRIVE, WITHAM, CM8 1TW - £295,000

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 TEIGN DRIVE is a midsized terraced house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £287,979. It was last sold for £295,000 in January 2023, which was around 8% above the average January 2023 terraced 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.

5 TEIGN DRIVE Sold Prices

Land registry data shows one sale for 5 TEIGN DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2023 6 JAN	£295,000	£272,802	8% above HPI

What might 5 TEIGN DRIVE be worth now?

5 TEIGN DRIVE might now be worth an estimated £287,979.

This is based on house price deflation of 2.4%, between January 2023 and May 2026, for terraced 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 2.4% deflationary decrease is applied to the most recent sale price for 5 TEIGN DRIVE of £295,000 on 6th January 2023. For the value to have decreased from £295,000 to £287,979 over the two years and eight months to May 2026, the following assumptions must hold true:

• The value of 5 TEIGN DRIVE has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The January 2023 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 5 TEIGN DRIVE has not materially changed since January 2023.

How Large is 5 TEIGN DRIVE?

5 TEIGN DRIVE is 80m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 50% of terraced houses in Witham, based on EPC data. The below chart shows the distribution of terraced houses by size in Witham, and where 5 TEIGN DRIVE lies on this distribution: 45% of terraced houses are smaller than 5 TEIGN DRIVE, and 53% of terraced houses are larger. Note that EPC data is not available for all properties in Witham.

5 TEIGN DRIVE: Plot

5 TEIGN DRIVE sits on a plot of roughly 0.032 of an acre, or 128m².

Where is 5 TEIGN DRIVE?

5 TEIGN DRIVE is located in WITHAM, in the CM8 postcode district.