12, PHILIPS CLOSE, RAYNE, BRAINTREE, CM77 6DB - £500,000

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.

12 PHILIPS CLOSE is a midsized detached house of 134m², built sometime between 1983 and 1990, which could now be worth an estimated £556,188. It was last sold for £500,000 in September 2021, which was around 2% below the average September 2021 detached price in the Braintree local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

12 PHILIPS CLOSE Sold Prices

Land registry data shows one sale for 12 PHILIPS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Braintree local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 27 SEP	£500,000	£510,127	2% below HPI

What might 12 PHILIPS CLOSE be worth now?

12 PHILIPS CLOSE might now be worth an estimated £556,188.

This is based on house price inflation of 11.2%, between September 2021 and July 2026, 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 11.2% inflationary increase is applied to the most recent sale price for 12 PHILIPS CLOSE of £500,000 on 27th September 2021. For the value to have increased from £500,000 to £556,188 over the five years and two months to July 2026, the following assumptions must hold true:

• The value of 12 PHILIPS CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The September 2021 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PHILIPS CLOSE has not materially changed since September 2021.

How Large is 12 PHILIPS CLOSE?

12 PHILIPS CLOSE is 134m² according to the EPC inspection conducted in July 2021. This puts it in the largest 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 12 PHILIPS CLOSE lies on this distribution: 59% of detached houses are smaller than 12 PHILIPS CLOSE, and 41% of detached houses are larger. Note that EPC data is not available for all properties in Rayne.

12 PHILIPS CLOSE: Plot

12 PHILIPS CLOSE sits on a plot of roughly 0.128 of an acre, or 518m².

Where is 12 PHILIPS CLOSE?

12 PHILIPS CLOSE is located in RAYNE, in the CM77 postcode district.