RAINBOWS, OLD RIVER WAY, WINCHELSEA BEACH, WINCHELSEA, TN36 4LJ - £280,000

RAINBOWS is a midsized extended detached house of 81m², built sometime between 1930 and 1949. It was last sold for £280,000 in February 2014, which was around 15% below the average February 2014 detached price in the Rother local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

RAINBOWS Sold Prices

Land registry data shows four sales for RAINBOWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rother local authority area for the corresponding sale date. The four RAINBOWS sales were a mix of below the average price, and roughly equal to 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
2014 28 FEB	£280,000	£327,540	15% below HPI
2007 18 MAY	£285,000	£311,181	8% below HPI
2001 28 AUG	£135,000	£185,089	27% below HPI
1999 25 JUN	£130,000	£130,653	Close to HPI

RAINBOWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rother local authority area over time, sourced from the HPI. The four RAINBOWS sales between June 1999 and February 2014 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 May 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2014 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is RAINBOWS?

RAINBOWS is 81m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 50% of detached houses in Winchelsea Beach, based on EPC data. The below chart shows the distribution of detached houses by size in Winchelsea Beach, and where RAINBOWS lies on this distribution: 41% of detached houses are smaller than RAINBOWS, and 59% of houses are larger. Note that EPC data is not available for all properties in Winchelsea Beach.

RAINBOWS: Plot and Title Map

RAINBOWS sits on a plot of roughly 0.202 of an acre, or 816m². The below map shows the location of RAINBOWS, 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 RAINBOWS). 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 RAINBOWS?

RAINBOWS is located on OLD RIVER WAY in WINCHELSEA BEACH, in the TN36 postcode district. The below map shows the position of RAINBOWS on OLD RIVER WAY.