THREE ELMS, QUEENBOROUGH LANE, RAYNE, BRAINTREE, CM77 6TB - £1,100,000

THREE ELMS is a very small detached house of 42m², built sometime between 1996 and 2002. It was last sold for £1,100,000 in August 2016, which was around 154% above the average August 2016 detached price in the Braintree local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was C.

THREE ELMS Sold Prices

Land registry data shows four sales for THREE ELMS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the four THREE ELMS sales were for above 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
2016 16 AUG	£1,100,000	£432,687	154% above HPI
2010 6 AUG	£900,000	£313,028	188% above HPI
2001 29 NOV	£365,000	£179,382	103% above HPI
2001 23 MAR	£249,995	£160,386	56% above HPI

THREE ELMS 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 four THREE ELMS sales between March 2001 and August 2016 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 August 2010 sale was for 188% above the HPI. So the extrapolation line tracks at 188% above the HPI over time, until the August 2016 sale, where it falls to 154% above the HPI. The line then continues to track at 154% above the HPI.

How Large is THREE ELMS?

THREE ELMS is 42m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses in Rayne, based on EPC data. The below chart shows the distribution of detached houses by size in Rayne, and where THREE ELMS lies on this distribution: Less than 1% of detached houses are smaller than THREE ELMS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Rayne.

THREE ELMS: Plot and Title Map

THREE ELMS sits on a plot of roughly 0.863 of an acre, or 3,491m². The below map shows the location of THREE ELMS, 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 THREE ELMS). 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 THREE ELMS?

THREE ELMS is located on QUEENBOROUGH LANE in RAYNE, in the CM77 postcode district. The below map shows the position of THREE ELMS on QUEENBOROUGH LANE.