2, GORE ROAD, RAYNE, BRAINTREE, CM77 6TX - £430,000

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

2 GORE ROAD is a large extended detached house of 158m², built sometime between 1976 and 1982. It was last sold for £430,000 in February 2021, which was around 10% below the average February 2021 detached price in the Braintree local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

2 GORE ROAD Sold Prices

Land registry data shows three sales for 2 GORE ROAD 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. Two of the three 2 GORE ROAD sales were for below the average price, whilst one was 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
2021 10 FEB	£430,000	£478,397	10% below HPI
2003 21 FEB	£242,000	£244,010	1% below HPI
1998 26 JUN	£125,000	£112,613	11% above HPI

2 GORE 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 three 2 GORE ROAD sales between June 1998 and February 2021 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 February 2003 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 2 GORE ROAD?

2 GORE ROAD is 158m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 30% of detached houses in Rayne, based on EPC data. The below chart shows the distribution of detached houses by size in Rayne, and where 2 GORE ROAD lies on this distribution: 73% of detached houses are smaller than 2 GORE ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Rayne.

2 GORE ROAD: Plot and Title Map

2 GORE ROAD sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 2 GORE 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 2 GORE 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 2 GORE ROAD?

2 GORE ROAD is located in RAYNE, in the CM77 postcode district. The below map shows the position of No. 2 on GORE ROAD.