18, GORE LANE, RAYNE, BRAINTREE, CM77 6TU - £550,000

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

18 GORE LANE is a small detached house of 113m², built sometime between 1996 and 2002. It was last sold for £550,000 in January 2023, which was around 1% above the average January 2023 detached price in the Braintree local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

18 GORE LANE Sold Prices

Land registry data shows three sales for 18 GORE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the three 18 GORE LANE sales were for above 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
2023 25 JAN	£550,000	£545,111	1% above HPI
2013 5 APR	£301,500	£299,125	1% above HPI
1996 16 AUG	£105,000	£94,196	11% above HPI

18 GORE LANE 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 three 18 GORE LANE sales between August 1996 and January 2023 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 April 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2023 sale, which was also at 1% above the HPI.

How Large is 18 GORE LANE?

18 GORE LANE is 113m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 40% of detached houses in Rayne, based on EPC data. The below chart shows the distribution of detached houses by size in Rayne, and where 18 GORE LANE lies on this distribution: 36% of detached houses are smaller than 18 GORE LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Rayne.

18 GORE LANE: Plot and Title Map

18 GORE LANE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 18 GORE LANE, 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 18 GORE LANE). 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 18 GORE LANE?

18 GORE LANE is located in RAYNE, in the CM77 postcode district. The below map shows the position of No. 18 on GORE LANE.