15, Mill Lane
15, Mill Lane
Description & Estimates
According to the public record, 15, Mill Lane, Witham is a period freehold house with 817 ft2 of internal area and sits on a 83.6 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 15, Mill Lane, Witham is £263,380 and the estimated rental value is £1,469 per month.
Mill Lane, Great Braxted, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
Our Data Sources
15, Mill Lane, Witham has 21 entries in the Land Registry , most recently in July 2015 and a single entry in the EPC database dated May 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 15, Mill Lane, Witham is in very good condition we estimate a sale value of £276,549 and a rental value of £1,542 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,943 and a rental value of £1,366 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 15, Mill Lane, Witham has declined by £5,611 (2.1%), while its estimated rental value has climbed by £47 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 6.7%.
Plot Size
According to data from HM Land Registry, 15, Mill Lane, Witham sits on a plot of 84 m2.
We have plot size data on 9 out of 9 other houses in the postcode and 15, Mill Lane, Witham sits on the 6th largest plot.
Energy Efficiency
15, Mill Lane, Witham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 May 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 15, Mill Lane, Witham was last sold on 24th July 2015 for £150,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2015, the market for similar properties has risen by 36.0%.
- Sold Jul 2015£150,000
- Sold Aug 2000£62,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Mill Lane, Witham within a radius of 600 metres over the last 2 years.
The most recent example is 9, Bridge Street, Witham, CM8 1BU, a freehold house which sold for £225,000 on the 14th April 2021.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Mill Lane, Great Braxted, Witham, CM8 has a total of 34 addresses. According to our analysis of all the public data, 15, Mill Lane, Witham is the 24th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £80k less expensive than the average property in CM8.
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Schools Nearby
- 600mHowbridge Infant School
- 700mHowbridge Church of England Junior School
- 800mHoly Family Catholic Primary School
- 200mLift Maltings
- 2.3kmLift New Rickstones
- 8.1kmPlume School
More reading links
Public Transport Nearby
The closest station to 15, Mill Lane, Witham is Witham station, which is 1.0 kilometres away.
- 1.0kmWitham
- 3.6kmHatfield Peverel
- 5.4kmWhite Notley
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be medium.
