31, NEW ROAD, RAYNE, BRAINTREE, CM77 6TG - £475,000

31 NEW ROAD is a small extended detached house of 108m², built sometime between 1950 and 1966. It was last sold for £475,000 in January 2019, which was around 2% below the average January 2019 detached price in the Braintree local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

31 NEW ROAD Sold Prices

Land registry data shows three sales for 31 NEW ROAD 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 31 NEW ROAD 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
2019 24 JAN	£475,000	£484,718	2% below HPI
2010 18 JUN	£250,000	£302,753	17% below HPI
2000 18 AUG	£113,500	£151,635	25% below HPI

31 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 three 31 NEW ROAD sales between August 2000 and January 2019 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 June 2010 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2019 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 31 NEW ROAD?

31 NEW ROAD is 108m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses in Rayne, based on EPC data. The below chart shows the distribution of detached houses by size in Rayne, and where 31 NEW ROAD lies on this distribution: 32% of detached houses are smaller than 31 NEW ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Rayne.

31 NEW ROAD: Plot and Title Map

31 NEW ROAD sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of 31 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 31 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 31 NEW ROAD?

31 NEW ROAD is located in RAYNE, in the CM77 postcode district. The below map shows the position of No. 31 on NEW ROAD.