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

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

23 THE STREET is a very small detached house of 64m², built sometime between 1950 and 1966. It was last sold for £290,000 in April 2021, which was around 39% 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	£474,060	39% below HPI
2018 19 OCT	£285,000	£475,923	40% below HPI
2015 20 NOV	£249,995	£397,403	37% below HPI
2014 22 AUG	£170,000	£354,310	52% below HPI
1999 22 DEC	£80,000	£131,915	39% below HPI
1996 10 OCT	£38,000	£95,401	60% 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 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the April 2021 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

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 in Rayne, based on EPC data. The below chart shows the distribution of detached houses by size in Rayne, and where 23 THE STREET lies on this distribution: 1% of detached 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.