3, FOUNDRY WAY, RAYNE, BRAINTREE, CM77 6AE - £226,000

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.

3 FOUNDRY WAY is a very small detached house of 95m², built in 2009, which could now be worth an estimated £391,240. It was last sold for £226,000 in January 2012, which was around 30% below the average January 2012 detached price in the Braintree local authority area. The most recent EPC inspection was June 2012, where the current energy rating was B, and the potential energy rating was B.

3 FOUNDRY WAY Sold Prices

Land registry data shows one sale for 3 FOUNDRY WAY 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
2012 13 JAN	£226,000	£321,689	30% below HPI

What might 3 FOUNDRY WAY be worth now?

3 FOUNDRY WAY might now be worth an estimated £391,240.

This is based on house price inflation of 73.1%, between January 2012 and May 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 73.1% inflationary increase is applied to the most recent sale price for 3 FOUNDRY WAY of £226,000 on 13th January 2012. For the value to have increased from £226,000 to £391,240 over the thirteen years and eight months to May 2026, the following assumptions must hold true:

• The value of 3 FOUNDRY WAY has moved in line with the HPI for detached houses in the Braintree local authority area.
• The January 2012 sale price of £226,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FOUNDRY WAY has not materially changed since January 2012.

How Large is 3 FOUNDRY WAY?

3 FOUNDRY WAY is 95m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 20% of detached houses in Rayne, based on EPC data. The below chart shows the distribution of detached houses by size in Rayne, and where 3 FOUNDRY WAY lies on this distribution: 13% of detached houses are smaller than 3 FOUNDRY WAY, and 86% of detached houses are larger. Note that EPC data is not available for all properties in Rayne.

3 FOUNDRY WAY: Plot

3 FOUNDRY WAY sits on a plot of roughly 0.048 of an acre, or 196m².

Where is 3 FOUNDRY WAY?

3 FOUNDRY WAY is located in RAYNE, in the CM77 postcode district.