Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
23 RAYNER WAY is a very small extended detached house of 84m², built sometime between 1983 and 1990. It was last sold for £180,000 in October 2012, which was around 42% below the average October 2012 detached price in the Braintree local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 23 RAYNER WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the four 23 RAYNER 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 |
---|---|---|---|
2012 26 OCT | £180,000 | £309,486 | 42% below HPI |
2004 25 JUN | £165,000 | £266,785 | 38% below HPI |
2000 2 MAR | £79,995 | £136,640 | 41% below HPI |
1997 7 FEB | £58,000 | £97,958 | 41% below HPI |
The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The four 23 RAYNER WAY sales between February 1997 and October 2012 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 June 2004 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2012 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.
23 RAYNER WAY is 84m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% of detached houses in Halstead, based on EPC data. The below chart shows the distribution of detached houses by size in Halstead, and where 23 RAYNER WAY lies on this distribution: 18% of detached houses are smaller than 23 RAYNER WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Halstead.
23 RAYNER WAY sits on a plot of roughly 0.047 of an acre, or 188m². The below map shows the location of 23 RAYNER 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 23 RAYNER 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.
23 RAYNER WAY is located in HALSTEAD, in the CO9 postcode district. The below map shows the position of No. 23 on RAYNER WAY.