Willow Lodge, Witham
Willow Lodge, Witham
Description & Estimates
Willow Lodge, Witham is recorded publicly as a mid-century freehold house across 796 ft2 of internal area, sitting on a 439 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Willow Lodge, Witham is £456,990 and its rental estimate is £1,607 per month, given the available information and assuming reasonable condition.
Hatfield Road, Wickham Bishops, Witham, CM8 falls within the CM8 postal district, in the borough of Braintree.
Our Data Sources
Willow Lodge, Witham has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Willow Lodge, Witham, we estimate a market value of £479,839 and a rental value of £1,687 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £425,000 and £1,495 per month respectively.
Recent Market Change
Over the last year, Willow Lodge, Witham has seen its estimated sale value decline by £9,736 (2.1%) and its estimated rental value climb by £51 per month (3.2%). This results in an estimated gross rental yield of 4.2%.
Plot Size
HM Land Registry records the plot of land for Willow Lodge, Witham as measuring 439 m2.
That makes it the 3rd largest plot in the postcode, where 3 of the 4 other houses have recorded plot data.
Energy Efficiency
Willow Lodge, Witham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Willow Lodge, Witham completed on 3rd March 2023 at £470,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 18.4% over the period since March 2023.
- Sold Mar 2023£470,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to Willow Lodge, Witham have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th September 2017, was 21, Augustus Way, Witham, CM8 1HH, a freehold house which sold for £370,000.
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
Of the 171 addresses on Hatfield Road, Wickham Bishops, Witham, CM8, Willow Lodge, Witham comes out as the 107th largest and the 27th most expensive in our analysis of the public data.
It is also £114k more expensive than the average property across the CM8 district.
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Schools Nearby
- 400mHoly Family Catholic Primary School
- 500mHowbridge Infant School
- 500mChipping Hill Primary School
- 600mLift Maltings
- 2.9kmLift New Rickstones
- 7.8kmPlume School
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Public Transport Nearby
From Willow Lodge, Witham, the nearest station is Witham, 1.7 kilometres away.
- 1.7kmWitham
- 2.8kmHatfield Peverel
- 5.6kmWhite Notley
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
