9, RAYLEIGH CLOSE, BRAINTREE, CM7 9TX - £256,000

9 RAYLEIGH CLOSE is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £256,000 in October 2020, which was around 47% below the average October 2020 detached price in the Braintree local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

9 RAYLEIGH CLOSE Sold Prices

Land registry data shows two sales for 9 RAYLEIGH CLOSE 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. Both of the two 9 RAYLEIGH CLOSE 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
2020 28 OCT	£256,000	£487,278	47% below HPI
2016 13 JUL	£245,000	£427,121	43% below HPI

9 RAYLEIGH 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 two 9 RAYLEIGH CLOSE sales from July 2016 and October 2020 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 July 2016 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2020 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 9 RAYLEIGH CLOSE?

9 RAYLEIGH CLOSE is 71m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 9 RAYLEIGH CLOSE lies on this distribution: 7% of detached houses are smaller than 9 RAYLEIGH CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Braintree.

9 RAYLEIGH CLOSE: Plot and Title Map

9 RAYLEIGH CLOSE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 9 RAYLEIGH 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 9 RAYLEIGH 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 9 RAYLEIGH CLOSE?

9 RAYLEIGH CLOSE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 9 on RAYLEIGH CLOSE.