LYNRAY, THE GORE, RAYNE, BRAINTREE, CM77 6RL - £355,000

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

LYNRAY is a very large extended detached house of 207m², built sometime between 1976 and 1982. It was last sold for £355,000 in November 2017, which was around 24% below the average November 2017 detached price in the Braintree local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was C.

LYNRAY Sold Prices

Land registry data shows four sales for LYNRAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. two of the four LYNRAY sales were for below the average price, and four 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
2017 15 NOV	£355,000	£467,795	24% below HPI
2007 18 SEP	£355,000	£323,801	10% above HPI
2007 12 APR	£350,000	£306,521	14% above HPI
2001 31 OCT	£160,000	£177,497	10% below HPI

LYNRAY 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 four LYNRAY sales between October 2001 and November 2017 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 September 2007 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is LYNRAY?

LYNRAY is 207m², which includes one extension, according to the EPC inspection conducted in January 2024. 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 LYNRAY lies on this distribution: 88% of detached houses are smaller than LYNRAY, and 12% of houses are larger. Note that EPC data is not available for all properties in Rayne.

LYNRAY: Plot and Title Map

LYNRAY sits on a plot of roughly 0.250 of an acre, or 1,012m². The below map shows the location of LYNRAY, 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 LYNRAY). 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 LYNRAY?

LYNRAY is located on THE GORE in RAYNE, in the CM77 postcode district. The below map shows the position of LYNRAY on THE GORE.