23, THE STREET, RAYNE, BRAINTREE, CM77 6RW - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 THE STREET is a very small detached house of 64m², built sometime between 1950 and 1966, which could now be worth an estimated £337,778. It was last sold for £290,000 in April 2021, which was around 42% below the average April 2021 detached price in the Braintree local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

23 THE STREET Sold Prices

Land registry data shows six sales for 23 THE STREET since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the six 23 THE STREET 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
2021 30 APR	£290,000	£495,836	42% below HPI
2018 19 OCT	£285,000	£497,785	43% below HPI
2015 20 NOV	£249,995	£415,657	40% below HPI
2014 22 AUG	£170,000	£370,585	54% below HPI
1999 22 DEC	£80,000	£137,974	42% below HPI
1996 10 OCT	£38,000	£99,783	62% below HPI

23 THE STREET 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 six 23 THE STREET sales between October 1996 and April 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 October 2018 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the April 2021 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 23 THE STREET be worth now?

23 THE STREET might now be worth an estimated £337,778.

This is based on house price inflation of 16.5%, between April 2021 and February 2025, 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 16.5% inflationary increase is applied to the most recent sale price for 23 THE STREET of £290,000 on 30th April 2021. For the value to have increased from £290,000 to £337,778 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 23 THE STREET has moved in line with the HPI for detached houses in the Braintree local authority area.
• The April 2021 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 23 THE STREET has not materially changed since April 2021.

How Large is 23 THE STREET?

23 THE STREET is 64m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses houses in Rayne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rayne, and where 23 THE STREET lies on this distribution: 1% of detached houses houses are smaller than 23 THE STREET, and 99% of houses are larger. Note that EPC data is not available for all properties in Rayne.

23 THE STREET: Plot and Title Map

23 THE STREET sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 23 THE STREET, 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 THE STREET). 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 23 THE STREET?

23 THE STREET is located in RAYNE, in the CM77 postcode district. The below map shows the position of No. 23 on THE STREET.