2, RAINBOW DRIVE, ATHERTON, MANCHESTER, M46 9ND - £101,500

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.

2 RAINBOW DRIVE is a very small semi-detached house of 62m², built sometime between 1991 and 1995, which could now be worth an estimated £152,652. It was last sold for £101,500 in July 2018, which was around 21% below the average July 2018 semi-detached price in the Wigan local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

2 RAINBOW DRIVE Sold Prices

Land registry data shows three sales for 2 RAINBOW DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Wigan local authority area for the corresponding sale date. Two of the three 2 RAINBOW DRIVE sales were for below the average price, whilst one was 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
2018 31 JUL	£101,500	£129,243	21% below HPI
2003 18 JUL	£70,000	£73,827	5% below HPI
1995 27 JAN	£49,950	£38,739	29% above HPI

2 RAINBOW DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wigan local authority area over time, sourced from the HPI. The three 2 RAINBOW DRIVE sales between January 1995 and July 2018 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 July 2003 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2018 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 2 RAINBOW DRIVE be worth now?

2 RAINBOW DRIVE might now be worth an estimated £152,652.

This is based on house price inflation of 50.4%, between July 2018 and July 2025, for semi-detached houses, in the Wigan local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.4% inflationary increase is applied to the most recent sale price for 2 RAINBOW DRIVE of £101,500 on 31st July 2018. For the value to have increased from £101,500 to £152,652 over the seven years to July 2025, the following assumptions must hold true:

• The value of 2 RAINBOW DRIVE has moved in line with the HPI for semi-detached houses in the Wigan local authority area.
• The July 2018 sale price of £101,500 represented a fair market value for the property.
• The size, condition, and specification of 2 RAINBOW DRIVE has not materially changed since July 2018.

How Large is 2 RAINBOW DRIVE?

2 RAINBOW DRIVE is 62m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of semi-detached houses houses in Atherton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Atherton, and where 2 RAINBOW DRIVE lies on this distribution: 3% of semi-detached houses houses are smaller than 2 RAINBOW DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Atherton.

2 RAINBOW DRIVE: Plot and Title Map

2 RAINBOW DRIVE sits on a plot of roughly 34.4 acres, or 139,020m². The below map shows the location of 2 RAINBOW DRIVE, 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 DRIVE). 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 DRIVE?

2 RAINBOW DRIVE is located in ATHERTON, in the M46 postcode district. The below map shows the position of No. 2 on RAINBOW DRIVE.