12, RAINBOW WAY, STORRINGTON, PULBOROUGH, RH20 3NY - £475,000

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

12 RAINBOW WAY is a small detached house of 111m², built sometime between 1976 and 1982. It was last sold for £475,000 in March 2021, which was around 20% below the average March 2021 detached price in the Horsham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was B.

12 RAINBOW WAY Sold Prices

Land registry data shows two sales for 12 RAINBOW WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. Both of the two 12 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
2021 12 MAR	£475,000	£597,251	20% below HPI
2006 29 AUG	£310,000	£383,814	19% below HPI

12 RAINBOW WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Horsham local authority area over time, sourced from the HPI. The two 12 RAINBOW WAY sales from August 2006 and March 2021 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 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 12 RAINBOW WAY?

12 RAINBOW WAY is 111m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% of detached houses in Storrington, based on EPC data. The below chart shows the distribution of detached houses by size in Storrington, and where 12 RAINBOW WAY lies on this distribution: 30% of detached houses are smaller than 12 RAINBOW WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Storrington.

12 RAINBOW WAY: Plot and Title Map

12 RAINBOW WAY sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 12 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 12 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 12 RAINBOW WAY?

12 RAINBOW WAY is located in STORRINGTON, in the RH20 postcode district. The below map shows the position of No. 12 on RAINBOW WAY.