40, RAINBOW DRIVE, ATHERTON, MANCHESTER, M46 9ND - £124,999

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

40 RAINBOW DRIVE is a very small extended detached house of 74m², built sometime between 2003 and 2006. It was last sold for £124,999 in June 2006, which was around 33% below the average June 2006 detached price in the Wigan local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

40 RAINBOW DRIVE Sold Prices

Land registry data shows two sales for 40 RAINBOW DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wigan local authority area for the corresponding sale date. Both of the two 40 RAINBOW DRIVE 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
2006 2 JUN	£124,999	£187,622	33% below HPI
2004 19 JAN	£95,000	£141,605	33% below HPI

40 RAINBOW DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wigan local authority area over time, sourced from the HPI. The two 40 RAINBOW DRIVE sales from January 2004 and June 2006 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 January 2004 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2006 sale, which was also at 33% below the HPI.

How Large is 40 RAINBOW DRIVE?

40 RAINBOW DRIVE is 74m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% of detached houses in Atherton, based on EPC data. The below chart shows the distribution of detached houses by size in Atherton, and where 40 RAINBOW DRIVE lies on this distribution: 7% of detached houses are smaller than 40 RAINBOW DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Atherton.

40 RAINBOW DRIVE: Plot and Title Map

40 RAINBOW DRIVE sits on a plot of roughly 34.5 acres, or 139,424m². The below map shows the location of 40 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 40 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 40 RAINBOW DRIVE?

40 RAINBOW DRIVE is located in ATHERTON, in the M46 postcode district. The below map shows the position of No. 40 on RAINBOW DRIVE.