1, FOUNDRY WAY, RAYNE, BRAINTREE, CM77 6AE - £355,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 FOUNDRY WAY is a very small detached house of 95m². It was last sold for £355,000 in December 2020, which was around 27% below the average December 2020 detached price in the Braintree local authority area. The most recent EPC inspection was June 2012, where the current energy rating was B, and the potential energy rating was B.

1 FOUNDRY WAY Sold Prices

Land registry data shows two sales for 1 FOUNDRY WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two 1 FOUNDRY WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 16 DEC	£355,000	£489,176	27% below HPI
2011 28 OCT	£227,500	£310,755	27% below HPI

1 FOUNDRY WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 1 FOUNDRY WAY sales from October 2011 and December 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2020 sale, which was also at 27% below the HPI.

How Large is 1 FOUNDRY WAY?

1 FOUNDRY WAY is 95m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 20% of detached houses in Rayne, based on EPC data. The below chart shows the distribution of detached houses by size in Rayne, and where 1 FOUNDRY WAY lies on this distribution: 14% of detached houses are smaller than 1 FOUNDRY WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Rayne.

1 FOUNDRY WAY: Plot and Title Map

1 FOUNDRY WAY sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 1 FOUNDRY WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 FOUNDRY WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 FOUNDRY WAY?

1 FOUNDRY WAY is located in RAYNE, in the CM77 postcode district. The below map shows the position of No. 1 on FOUNDRY WAY.