110, RAINBOW ROAD, ERITH, DA8 2EQ - £500,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

110 RAINBOW ROAD is a small detached house of 105m². It was last sold for £500,000 in September 2022, which was around 28% below the average September 2022 detached price in the Bexley local authority area. The most recent EPC inspection was May 2015, where the current energy rating was B, and the potential energy rating was B.

110 RAINBOW ROAD Sold Prices

Land registry data shows three sales for 110 RAINBOW ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bexley local authority area for the corresponding sale date. All of the three 110 RAINBOW ROAD 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
2022 2 SEP	£500,000	£692,405	28% below HPI
2017 30 AUG	£375,000	£569,480	34% below HPI
2015 29 MAY	£334,995	£438,265	24% below HPI

110 RAINBOW ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bexley local authority area over time, sourced from the HPI. The three 110 RAINBOW ROAD sales between May 2015 and September 2022 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 2017 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 110 RAINBOW ROAD?

110 RAINBOW ROAD is 105m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 110 RAINBOW ROAD lies on this distribution: 23% of detached houses are smaller than 110 RAINBOW ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in London.

110 RAINBOW ROAD: Plot and Title Map

110 RAINBOW ROAD sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 110 RAINBOW ROAD, 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 110 RAINBOW ROAD). 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 110 RAINBOW ROAD?

110 RAINBOW ROAD is located in ERITH, in the DA8 postcode district. The below map shows the position of No. 110 on RAINBOW ROAD.