1 Magnolia Close, Witham, CM8 2PD is a freehold terraced property built between 1976-1982. The property offers approximately 969 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £229,866 , which equates to approximately £237 per square foot. It was last sold on 4 Feb 2005 for £120,000. Since then, the value has increased by £109,866, representing a 91.6% increase, or approximately 4.4% per year.

The current estimated value of £229,866 is:

  • 19.0% lower than the average property price on Magnolia Close
  • 14.2% lower than the average in the CM8 2PD postcode area
  • and 29.6% lower than the average price for Witham as a whole

At the most recent EPC inspection on 17 September 2020, the property was recorded as owner-occupied.

View sold house prices in CM8 2PD

Building approximate location

About Property

Type
Terraced House
Built
1976-1982
Interior Size
969 sq ft
Tenure
Freehold
Price (estimate)
£229,866
Price Per sq ft (estimate)
£237
Bedroom Count (estimate)
3 bedrooms

EPC Summary

1 Magnolia Close, Witham, Braintree, Essex, CM8 2PD has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 17 Sep 2020.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 25 Jun 2009. The rating of D remains the same, but the energy efficiency score improved by 9.8%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 30% of fixed outlets to low energy lighting in 83% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 50 mm loft insulation
Poor
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to CM8 2PD

15 th / 17
Price Rank
14% lower than average
4 th / 10
Size Rank
12% bigger than average
10 th / 10
Price Per Sq FT Rank
23% lower than average

Compared to other properties in CM8 2PD , this house's estimated value ranks 15th out of 17. Based on price per square foot, it ranks 10th out of 10 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 4th out of 10 properties in its postcode area.

Sale History

Today
£229,866
streetscan.co.uk estimate
+92 %
4 Feb 2005
£120,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 883 sq ft
sale price: £195,000
sale date: 4 Dec 2015
rooms: 4
size: 829 sq ft
sale price: £220,000
sale date: 12 Dec 2014
rooms: 4
size: 1055 sq ft
sale price: £210,000
sale date: 16 Sep 2014
rooms: 4
size: 835 sq ft
sale price: £142,000
sale date: 6 Oct 2004

Data Sources

The property at 1 Magnolia Close, Witham, Braintree, Essex, CM8 2PD appears once in the Land Registry records, with the transaction recorded on 4 Feb 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Sep 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.