4, RAYLEIGH CLOSE, BRAINTREE, CM7 9TX - £271,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 RAYLEIGH CLOSE is a very small detached house of 71m², built sometime between 1976 and 1982. It was last sold for £271,000 in November 2018, which was around 46% below the average November 2018 detached price in the Braintree local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

4 RAYLEIGH CLOSE Sold Prices

Land registry data shows three sales for 4 RAYLEIGH CLOSE 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 4 RAYLEIGH CLOSE 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
2018 12 NOV	£271,000	£505,492	46% below HPI
2017 13 OCT	£261,000	£483,570	46% below HPI
2004 5 MAR	£147,500	£271,791	46% below HPI

4 RAYLEIGH CLOSE 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 4 RAYLEIGH CLOSE sales between March 2004 and November 2018 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 2017 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the November 2018 sale, which was also at 46% below the HPI.

What might 4 RAYLEIGH CLOSE be worth now?

4 RAYLEIGH CLOSE might now be worth an estimated £310,116.

This is based on house price inflation of 14.4%, between November 2018 and December 2024, 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 14.4% inflationary increase is applied to the most recent sale price for 4 RAYLEIGH CLOSE of £271,000 on 12th November 2018. For the value to have increased from £271,000 to £310,116 over the five years and eleven months to December 2024, the following assumptions must hold true:

• The value of 4 RAYLEIGH CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The November 2018 sale price of £271,000 represented a fair market value for the property.
• The size, condition, and specification of 4 RAYLEIGH CLOSE has not materially changed since November 2018.

How Large is 4 RAYLEIGH CLOSE?

4 RAYLEIGH CLOSE is 71m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of detached houses houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Braintree, and where 4 RAYLEIGH CLOSE lies on this distribution: 7% of detached houses houses are smaller than 4 RAYLEIGH CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Braintree.

4 RAYLEIGH CLOSE: Plot and Title Map

4 RAYLEIGH CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 4 RAYLEIGH CLOSE, 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 4 RAYLEIGH CLOSE). 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 4 RAYLEIGH CLOSE?

4 RAYLEIGH CLOSE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 4 on RAYLEIGH CLOSE.