11, RAINBOW WAY, COLNE ENGAINE, COLCHESTER, CO6 2HZ - £165,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

11 RAINBOW WAY is a very small semi-detached house of 44m², built sometime between 1950 and 1966. It was last sold for £165,000 in March 2012, which was around 45% below the average March 2012 detached price in the Braintree local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was D.

11 RAINBOW WAY Sold Prices

Land registry data shows four sales for 11 RAINBOW WAY 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 11 RAINBOW WAY sales were for below 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
2012 21 MAR	£165,000	£300,608	45% below HPI
2008 19 SEP	£168,000	£309,878	46% below HPI
2000 8 JUN	£79,950	£143,369	44% below HPI
1996 30 AUG	£52,000	£94,196	45% below HPI

11 RAINBOW WAY 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 11 RAINBOW WAY sales between August 1996 and March 2012 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 September 2008 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the March 2012 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 11 RAINBOW WAY?

11 RAINBOW WAY is 44m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% of detached houses in Colne Engaine, based on EPC data. The below chart shows the distribution of detached houses by size in Colne Engaine, and where 11 RAINBOW WAY lies on this distribution: Less than 1% of detached houses are smaller than 11 RAINBOW WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Colne Engaine.

11 RAINBOW WAY: Plot and Title Map

11 RAINBOW WAY sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 11 RAINBOW WAY, 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 11 RAINBOW WAY). 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 11 RAINBOW WAY?

11 RAINBOW WAY is located in COLNE ENGAINE, in the CO6 postcode district. The below map shows the position of No. 11 on RAINBOW WAY.