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
33 RAINBOW HILL is a very large detached house of 249m², built sometime between 1900 and 1929. It was last sold for £373,000 in June 2015, which was around 30% above the average June 2015 detached price in the Worcester local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 33 RAINBOW HILL since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. All of the three 33 RAINBOW HILL 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 |
---|---|---|---|
2015 5 JUN | £373,000 | £286,644 | 30% above HPI |
2006 3 NOV | £420,000 | £269,883 | 56% above HPI |
2000 7 JUN | £226,000 | £127,573 | 77% above HPI |
The below graph shows the average detached house price in the Worcester local authority area over time, sourced from the HPI. The three 33 RAINBOW HILL sales between June 2000 and June 2015 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 November 2006 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the June 2015 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.
33 RAINBOW HILL is 249m² according to the EPC inspection conducted in September 2011. This puts it in the largest 10% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 33 RAINBOW HILL lies on this distribution: 98% of detached houses are smaller than 33 RAINBOW HILL, and 2% of houses are larger. Note that EPC data is not available for all properties in Worcester.
33 RAINBOW HILL sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 33 RAINBOW HILL, 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 33 RAINBOW HILL). 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.
33 RAINBOW HILL is located in WORCESTER, in the WR3 postcode district. The below map shows the position of No. 33 on RAINBOW HILL.