21, WARNER CLOSE, RAYNE, BRAINTREE, CM77 6GX - £525,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

21 WARNER CLOSE is a very large extended detached house of 229m², built sometime between 1991 and 1995, which could now be worth an estimated £606,319. It was last sold for £525,000 in November 2017, which was around 7% above the average November 2017 detached price in the Braintree local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was C.

21 WARNER CLOSE Sold Prices

Land registry data shows four sales for 21 WARNER CLOSE 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. Most of the four 21 WARNER CLOSE 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
2017 23 NOV	£525,000	£489,283	7% above HPI
2006 4 JAN	£327,000	£294,699	11% above HPI
1999 22 JUL	£176,000	£129,771	36% above HPI
1997 3 NOV	£47,000	£110,913	58% below HPI

21 WARNER 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 four 21 WARNER CLOSE sales between November 1997 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 January 2006 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2017 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 21 WARNER CLOSE be worth now?

21 WARNER CLOSE might now be worth an estimated £606,319.

This is based on house price inflation of 15.5%, between November 2017 and March 2025, 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 15.5% inflationary increase is applied to the most recent sale price for 21 WARNER CLOSE of £525,000 on 23rd November 2017. For the value to have increased from £525,000 to £606,319 over the eight years and eight months to March 2025, the following assumptions must hold true:

• The value of 21 WARNER CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The November 2017 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 21 WARNER CLOSE has not materially changed since November 2017.

How Large is 21 WARNER CLOSE?

21 WARNER CLOSE is 229m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the largest 10% of detached houses houses in Rayne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rayne, and where 21 WARNER CLOSE lies on this distribution: 92% of detached houses houses are smaller than 21 WARNER CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Rayne.

21 WARNER CLOSE: Plot and Title Map

21 WARNER CLOSE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 21 WARNER 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 21 WARNER 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 21 WARNER CLOSE?

21 WARNER CLOSE is located in RAYNE, in the CM77 postcode district. The below map shows the position of No. 21 on WARNER CLOSE.