8, PHILIPS ROAD, RAYNE, BRAINTREE, CM77 6DA - £372,500

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.

8 PHILIPS ROAD is a small extended detached house of 107m², built sometime between 1976 and 1982, which could now be worth an estimated £421,116. It was last sold for £372,500 in March 2019, which was around 24% below the average March 2019 detached price in the Braintree local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

8 PHILIPS ROAD Sold Prices

Land registry data shows one sale for 8 PHILIPS ROAD 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
2019 22 MAR	£372,500	£492,601	24% below HPI

What might 8 PHILIPS ROAD be worth now?

8 PHILIPS ROAD might now be worth an estimated £421,116.

This is based on house price inflation of 13.1%, between March 2019 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 13.1% inflationary increase is applied to the most recent sale price for 8 PHILIPS ROAD of £372,500 on 22nd March 2019. For the value to have increased from £372,500 to £421,116 over the six years and ten months to May 2026, the following assumptions must hold true:

• The value of 8 PHILIPS ROAD has moved in line with the HPI for detached houses in the Braintree local authority area.
• The March 2019 sale price of £372,500 represented a fair market value for the property.
• The size, condition, and specification of 8 PHILIPS ROAD has not materially changed since March 2019.

How Large is 8 PHILIPS ROAD?

8 PHILIPS ROAD is 107m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 30% of detached houses in Rayne, based on EPC data. The below chart shows the distribution of detached houses by size in Rayne, and where 8 PHILIPS ROAD lies on this distribution: 28% of detached houses are smaller than 8 PHILIPS ROAD, and 70% of detached houses are larger. Note that EPC data is not available for all properties in Rayne.

8 PHILIPS ROAD: Plot

8 PHILIPS ROAD sits on a plot of roughly 0.102 of an acre, or 411m².

Where is 8 PHILIPS ROAD?

8 PHILIPS ROAD is located in RAYNE, in the CM77 postcode district.