COTTAGE ACRE, FAIRY HALL LANE, RAYNE, BRAINTREE, CM77 6SZ - £450,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

COTTAGE ACRE is a very large extended detached house of 175m², built sometime between 1967 and 1975. It was last sold for £450,000 in March 2014, which was around 37% above the average March 2014 detached price in the Braintree local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, and the potential energy rating was C.

COTTAGE ACRE Sold Prices

Land registry data shows three sales for COTTAGE ACRE 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 COTTAGE ACRE 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
2014 14 MAR	£450,000	£328,500	37% above HPI
2008 3 OCT	£500,000	£309,725	61% above HPI
2007 5 JUN	£385,000	£310,552	24% above HPI

COTTAGE ACRE 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 COTTAGE ACRE sales between June 2007 and March 2014 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 2008 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the March 2014 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is COTTAGE ACRE?

COTTAGE ACRE is 175m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 20% of detached houses in Rayne, based on EPC data. The below chart shows the distribution of detached houses by size in Rayne, and where COTTAGE ACRE lies on this distribution: 81% of detached houses are smaller than COTTAGE ACRE, and 19% of houses are larger. Note that EPC data is not available for all properties in Rayne.

COTTAGE ACRE: Plot and Title Map

COTTAGE ACRE sits on a plot of roughly 0.435 of an acre, or 1,759m². The below map shows the location of COTTAGE ACRE, 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 COTTAGE ACRE). 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 COTTAGE ACRE?

COTTAGE ACRE is located on FAIRY HALL LANE in RAYNE, in the CM77 postcode district. The below map shows the position of COTTAGE ACRE on FAIRY HALL LANE.