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According to the public record, 2, Horsnell Road, Witham is a modern freehold house with 1,431 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Horsnell Road, Witham is £533,511 and the estimated rental value is £1,984 per month.
Horsnell Road, Witham, CM8 is located in the borough of Braintree within the CM8 postal district.
2, Horsnell Road, Witham has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated December 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 2, Horsnell Road, Witham is in very good condition we estimate a sale value of £560,187 and a rental value of £2,083 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £496,166 and a rental value of £1,845 per month.
Over the last 12 months the sale value of 2 Horsnell Road Witham has decreased by an estimated £11,986 (2.2%) and its rental value has increased by an estimated £62 per month (3.1%), giving an expected gross yield of 4.5%.
2, Horsnell Road, Witham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Dec 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Horsnell Road, Witham was last sold on 31st March 2023 for £619,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2023, the market for similar properties has dropped 16.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Horsnell Road, Witham within a radius of 840 metres over the last 2 years.
The most recent example is 1, Horsnell Road, Witham, CM8 1FE, a freehold house which sold for £619,995 on the 27th April 2023.
Read more about house prices in CM8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Horsnell Road, Witham, CM8 has a total of 23 addresses. According to our analysis of all the public data, 2, Horsnell Road, Witham is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £192k more expensive than the average property in CM8.
The closest station to 2, Horsnell Road, Witham is Witham station which is 2.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Horsnell Road, Witham, % of property is and % is .
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Horsnell Road, Witham, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Horsnell Road, Witham, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Horsnell Road, Witham, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.