8, WARNER CLOSE, RAYNE, BRAINTREE, CM77 6GX - £380,000

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.

8 WARNER CLOSE is a very small terraced house of 101m², built sometime between 1996 and 2002, which could now be worth an estimated £376,414. It was last sold for £380,000 in June 2023, which was around 41% above the average June 2023 terraced price in the Braintree local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

8 WARNER CLOSE Sold Prices

Land registry data shows three sales for 8 WARNER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. All of the three 8 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
2023 28 JUN	£380,000	£268,846	41% above HPI
2020 17 FEB	£302,500	£231,309	31% above HPI
1998 7 MAY	£76,500	£51,141	50% above HPI

8 WARNER CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Braintree local authority area over time, sourced from the HPI. The three 8 WARNER CLOSE sales between May 1998 and June 2023 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 February 2020 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the June 2023 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 8 WARNER CLOSE be worth now?

8 WARNER CLOSE might now be worth an estimated £376,414.

This is based on house price deflation of 0.9%, between June 2023 and May 2026, for terraced 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 0.9% deflationary decrease is applied to the most recent sale price for 8 WARNER CLOSE of £380,000 on 28th June 2023. For the value to have decreased from £380,000 to £376,414 over the three years and one month to May 2026, the following assumptions must hold true:

• The value of 8 WARNER CLOSE has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The June 2023 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WARNER CLOSE has not materially changed since June 2023.

How Large is 8 WARNER CLOSE?

8 WARNER CLOSE is 101m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of terraced houses houses in Rayne, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Rayne, and where 8 WARNER CLOSE lies on this distribution: 19% of terraced houses houses are smaller than 8 WARNER CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Rayne.

8 WARNER CLOSE: Plot and Title Map

8 WARNER CLOSE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 8 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 8 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 8 WARNER CLOSE?

8 WARNER CLOSE is located in RAYNE, in the CM77 postcode district. The below map shows the position of No. 8 on WARNER CLOSE.