14, RAINBOW STREET, LEOMINSTER, HR6 8DQ - £155,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 RAINBOW STREET is a very small semi-detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £237,002. It was last sold for £155,000 in December 2007, which was around 15% below the average December 2007 semi-detached price in the Herefordshire local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

14 RAINBOW STREET Sold Prices

Land registry data shows two sales for 14 RAINBOW STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Herefordshire local authority area for the corresponding sale date. Both of the two 14 RAINBOW STREET 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
2007 11 DEC	£155,000	£182,149	15% below HPI
1996 27 SEP	£40,000	£53,511	25% below HPI

14 RAINBOW STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two 14 RAINBOW STREET sales from September 1996 and December 2007 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 1996 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2007 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 14 RAINBOW STREET be worth now?

14 RAINBOW STREET might now be worth an estimated £237,002.

This is based on house price inflation of 52.9%, between December 2007 and February 2025, for semi-detached houses, in the Herefordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 52.9% inflationary increase is applied to the most recent sale price for 14 RAINBOW STREET of £155,000 on 11th December 2007. For the value to have increased from £155,000 to £237,002 over the eighteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 14 RAINBOW STREET has moved in line with the HPI for semi-detached houses in the Herefordshire local authority area.
• The December 2007 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 14 RAINBOW STREET has not materially changed since December 2007.

How Large is 14 RAINBOW STREET?

14 RAINBOW STREET is 74m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of semi-detached houses houses in Leominster, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Leominster, and where 14 RAINBOW STREET lies on this distribution: 19% of semi-detached houses houses are smaller than 14 RAINBOW STREET, and 80% of houses are larger. Note that EPC data is not available for all properties in Leominster.

14 RAINBOW STREET: Plot and Title Map

14 RAINBOW STREET sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 14 RAINBOW STREET, 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 14 RAINBOW STREET). 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 14 RAINBOW STREET?

14 RAINBOW STREET is located in LEOMINSTER, in the HR6 postcode district. The below map shows the position of No. 14 on RAINBOW STREET.