29, NEW ROAD, RAYNE, BRAINTREE, CM77 6TG - £642,500

29 NEW ROAD is a very large detached house of 310m², built sometime between 1950 and 1966. It was last sold for £642,500 in June 2019, which was around 38% above the average June 2019 detached price in the Braintree local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was B.

29 NEW ROAD Sold Prices

Land registry data shows three sales for 29 NEW ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the three 29 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
2019 28 JUN	£642,500	£465,300	38% above HPI
2010 19 MAY	£490,000	£299,619	64% above HPI
1996 23 SEP	£128,000	£95,598	34% above HPI

29 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 three 29 NEW ROAD sales between September 1996 and June 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 2010 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the June 2019 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 29 NEW ROAD?

29 NEW ROAD is 310m² according to the EPC inspection conducted in December 2017. This puts it in the largest 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 29 NEW ROAD lies on this distribution: 98% of detached houses are smaller than 29 NEW ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Rayne.

29 NEW ROAD: Plot and Title Map

29 NEW ROAD sits on a plot of roughly 0.211 of an acre, or 852m². The below map shows the location of 29 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 29 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 29 NEW ROAD?

29 NEW ROAD is located in RAYNE, in the CM77 postcode district. The below map shows the position of No. 29 on NEW ROAD.