11, NEW ROAD, RAYNE, BRAINTREE, CM77 6TG - £525,000

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

11 NEW ROAD is a midsized extended detached house of 131m², built sometime between 1976 and 1982. It was last sold for £525,000 in September 2022, which was around 3% below the average September 2022 detached price in the Braintree local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

11 NEW ROAD Sold Prices

Land registry data shows two sales for 11 NEW ROAD 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 11 NEW ROAD 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
2022 22 SEP	£525,000	£541,770	3% below HPI
2001 6 DEC	£179,995	£183,763	2% below HPI

11 NEW ROAD 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 11 NEW ROAD sales from December 2001 and September 2022 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 December 2001 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 11 NEW ROAD?

11 NEW ROAD is 131m², which includes four extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 50% of detached houses in Rayne, based on EPC data. The below chart shows the distribution of detached houses by size in Rayne, and where 11 NEW ROAD lies on this distribution: 55% of detached houses are smaller than 11 NEW ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Rayne.

11 NEW ROAD: Plot and Title Map

11 NEW ROAD sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 11 NEW ROAD, 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 11 NEW ROAD). 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 11 NEW ROAD?

11 NEW ROAD is located in RAYNE, in the CM77 postcode district. The below map shows the position of No. 11 on NEW ROAD.