5, FOUNDRY WAY, RAYNE, BRAINTREE, CM77 6AE - £152,500

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.

5 FOUNDRY WAY is a very large flat of 60m², built in 2009, which could now be worth an estimated £223,659. It was last sold for £152,500 in May 2011, which was around 47% above the average May 2011 flat price in the Braintree local authority area. The most recent EPC inspection was September 2011, where the current energy rating was B, and the potential energy rating was B.

5 FOUNDRY WAY Sold Prices

Land registry data shows one sale for 5 FOUNDRY WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat 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
2011 26 MAY	£152,500	£103,854	47% above HPI

What might 5 FOUNDRY WAY be worth now?

5 FOUNDRY WAY might now be worth an estimated £223,659.

This is based on house price inflation of 46.7%, between May 2011 and May 2026, for flats, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.7% inflationary increase is applied to the most recent sale price for 5 FOUNDRY WAY of £152,500 on 26th May 2011. For the value to have increased from £152,500 to £223,659 over the fifteen years to May 2026, the following assumptions must hold true:

• The value of 5 FOUNDRY WAY has moved in line with the HPI for flats in the Braintree local authority area.
• The May 2011 sale price of £152,500 represented a fair market value for the property.
• The size, condition, and specification of 5 FOUNDRY WAY has not materially changed since May 2011.

How Large is 5 FOUNDRY WAY?

5 FOUNDRY WAY is 60m² according to the EPC inspection conducted in September 2011. This puts it in the largest 20% of flats in Rayne, based on EPC data. 80% of flats are smaller than 5 FOUNDRY WAY, and 16% of flats are larger. Note that EPC data is not available for all properties in Rayne.

5 FOUNDRY WAY: Plot

5 FOUNDRY WAY sits on a plot of roughly 1.1 acres, or 4,619m².

Where is 5 FOUNDRY WAY?

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