2, RAINBOW COURT, SPALDING ROAD, PINCHBECK, SPALDING, PE11 3UE - £375,000

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

2 RAINBOW COURT is a large detached house of 122m², built in 2021. It was last sold for £375,000 in November 2021, which was around 39% above the average November 2021 detached price in the South Holland local authority area. The most recent EPC inspection was November 2021, where the current energy rating was B, and the potential energy rating was A.

2 RAINBOW COURT Sold Prices

Land registry data shows two sales for 2 RAINBOW COURT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Both of the two 2 RAINBOW COURT sales were for above 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 11 NOV	£375,000	£268,918	39% above HPI
2019 19 SEP	£250,000	£234,256	7% above HPI

2 RAINBOW COURT Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The two 2 RAINBOW COURT sales from September 2019 and November 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 September 2019 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2021 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 2 RAINBOW COURT?

2 RAINBOW COURT is 122m² according to the EPC inspection conducted in November 2021. This puts it in the largest 40% of detached houses in Pinchbeck, based on EPC data. The below chart shows the distribution of detached houses by size in Pinchbeck, and where 2 RAINBOW COURT lies on this distribution: 62% of detached houses are smaller than 2 RAINBOW COURT, and 37% of houses are larger. Note that EPC data is not available for all properties in Pinchbeck.

2 RAINBOW COURT: Plot and Title Map

2 RAINBOW COURT sits on a plot of roughly 0.559 of an acre, or 2,261m². The below map shows the location of 2 RAINBOW COURT, 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 2 RAINBOW COURT). 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 2 RAINBOW COURT?

2 RAINBOW COURT is located on SPALDING ROAD in PINCHBECK, in the PE11 postcode district. The below map shows the position of 2 RAINBOW COURT on SPALDING ROAD.