2 Richards Close, Witham, CM8 1GG is a leasehold flat built between 2003-2006. The property offers approximately 624 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £193,845 , which equates to approximately £310 per square foot. It was last sold on 18 Dec 2023 for £205,000. Since then, the value has decreased by £11,155, representing a 5.4% decrease, or approximately 2.2% per year.

The current estimated value of £193,845 is:

  • 2.8% lower than the average property price on Richards Close
  • 5.2% lower than the average in the CM8 1GG postcode area
  • and 38.9% lower than the average price for Witham as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 31 January 2020, the property was recorded as owner-occupied.

View sold house prices in CM8 1GG

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
624 sq ft
Tenure
Leasehold
Price (estimate)
£193,845
Price Per sq ft (estimate)
£310
Bedroom Count (estimate)
1 bedroom

EPC Summary

2 Richards Close, Witham, Braintree, Essex, CM8 1GG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 31 Jan 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 12 May 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 6.2%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 28% of fixed outlets to low energy lighting in 57% of fixed outlets, with efficiency improving from average to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 57% of fixed outlets
Good

Compared to CM8 1GG

6 th / 10
Price Rank
5% lower than average
3 rd / 9
Size Rank
5% bigger than average
6 th / 9
Price Per Sq FT Rank
10% lower than average

Sale History

Today
£193,845
streetscan.co.uk estimate
-5 %
18 Dec 2023
£205,000
Leasehold
+10.8 %
8 Sep 2020
£185,000
Leasehold
+54.2 %
22 Dec 2009
£120,000
Leasehold
+2.1 %
6 Jan 2009
£117,500
Leasehold
-19 %
30 Jun 2008
£145,000
Leasehold
-1.4 %
6 May 2005
£147,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 592 sq ft
sale price: £205,000
sale date: 9 Aug 2024
rooms: 3
size: 646 sq ft
sale price: £195,000
sale date: 30 Nov 2023
rooms: 3
size: 581 sq ft
sale price: £195,000
sale date: 8 Apr 2022
rooms: 3
size: 674 sq ft
sale price: £142,500
sale date: 17 Jul 2009
rooms: 3
size: 592 sq ft
sale price: £135,000
sale date: 22 May 2008

Data Sources

The property at 2 Richards Close, Witham, CM8 1GG appears six times in the Land Registry records, with the latest transaction recorded on 18 Dec 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 31 Jan 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.