27, NEW ROAD, RAYNE, BRAINTREE, CM77 6TG - £630,000

27 NEW ROAD is a large detached house of 144m², built sometime between 1976 and 1982. It was last sold for £630,000 in February 2023, which was around 16% above the average February 2023 detached price in the Braintree local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

27 NEW ROAD Sold Prices

Land registry data shows two sales for 27 NEW ROAD 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 27 NEW ROAD sales were 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
2023 22 FEB	£630,000	£541,526	16% above HPI
2004 17 JUN	£295,000	£266,785	11% above HPI

27 NEW 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 two 27 NEW ROAD sales from June 2004 and February 2023 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 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2023 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 27 NEW ROAD?

27 NEW ROAD is 144m² according to the EPC inspection conducted in October 2022. This puts it in the largest 40% of detached houses in Rayne, based on EPC data. The below chart shows the distribution of detached houses by size in Rayne, and where 27 NEW ROAD lies on this distribution: 65% of detached houses are smaller than 27 NEW ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Rayne.

27 NEW ROAD: Plot and Title Map

27 NEW ROAD sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 27 NEW 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 27 NEW 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 27 NEW ROAD?

27 NEW ROAD is located in RAYNE, in the CM77 postcode district. The below map shows the position of No. 27 on NEW ROAD.