2, RYE GRASS WAY, BRAINTREE, CM7 1GL - £378,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 RYE GRASS WAY is a small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £378,000 in May 2019, which was around 22% below the average May 2019 detached price in the Braintree local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

2 RYE GRASS WAY Sold Prices

Land registry data shows two sales for 2 RYE GRASS 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 2 RYE GRASS 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
2019 3 MAY	£378,000	£484,165	22% below HPI
2002 3 MAY	£170,000	£209,958	19% below HPI

2 RYE GRASS 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 2 RYE GRASS WAY sales from May 2002 and May 2019 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 May 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 2 RYE GRASS WAY be worth now?

2 RYE GRASS WAY might now be worth an estimated £451,615.

This is based on house price inflation of 19.5%, between May 2019 and December 2024, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.5% inflationary increase is applied to the most recent sale price for 2 RYE GRASS WAY of £378,000 on 3rd May 2019. For the value to have increased from £378,000 to £451,615 over the four years and five months to December 2024, the following assumptions must hold true:

• The value of 2 RYE GRASS WAY has moved in line with the HPI for detached houses in the Braintree local authority area.
• The May 2019 sale price of £378,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RYE GRASS WAY has not materially changed since May 2019.

How Large is 2 RYE GRASS WAY?

2 RYE GRASS WAY is 92m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 30% of detached houses houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Braintree, and where 2 RYE GRASS WAY lies on this distribution: 29% of detached houses houses are smaller than 2 RYE GRASS WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Braintree.

2 RYE GRASS WAY: Plot and Title Map

2 RYE GRASS WAY sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 2 RYE GRASS 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 2 RYE GRASS 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 2 RYE GRASS WAY?

2 RYE GRASS WAY is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 2 on RYE GRASS WAY.