1, NEW ROAD, RAYNE, BRAINTREE, CM77 6TG - £355,000

1 NEW ROAD is a midsized detached house of 115m², built sometime between 1967 and 1975. It was last sold for £355,000 in June 2014, which was around 3% above the average June 2014 detached price in the Braintree local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

1 NEW ROAD Sold Prices

Land registry data shows two sales for 1 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. One of the two 1 NEW ROAD sales was for above the average price, whilst the other was 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
2014 13 JUN	£355,000	£345,052	3% above HPI
1998 16 OCT	£110,500	£114,989	4% below HPI

1 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 1 NEW ROAD sales from October 1998 and June 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 1998 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2014 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 1 NEW ROAD?

1 NEW ROAD is 115m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 50% of detached houses in Rayne, based on EPC data. The below chart shows the distribution of detached houses by size in Rayne, and where 1 NEW ROAD lies on this distribution: 41% of detached houses are smaller than 1 NEW ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Rayne.

1 NEW ROAD: Plot and Title Map

1 NEW ROAD sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 1 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 1 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 1 NEW ROAD?

1 NEW ROAD is located in RAYNE, in the CM77 postcode district. The below map shows the position of No. 1 on NEW ROAD.