48, RAINBOW HILL, WORCESTER, WR3 8NL - £350,000

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

48 RAINBOW HILL is a very large extended detached house of 223m², built sometime before 1900. It was last sold for £350,000 in November 2014, which was around 25% above the average November 2014 detached price in the Worcester local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was D.

48 RAINBOW HILL Sold Prices

Land registry data shows two sales for 48 RAINBOW HILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. Both of the two 48 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
2014 21 NOV	£350,000	£280,305	25% above HPI
2003 11 APR	£275,500	£202,933	36% above HPI

48 RAINBOW HILL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Worcester local authority area over time, sourced from the HPI. The two 48 RAINBOW HILL sales from April 2003 and November 2014 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 April 2003 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the November 2014 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 48 RAINBOW HILL?

48 RAINBOW HILL is 223m², which includes one extension, according to the EPC inspection conducted in March 2013. 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 48 RAINBOW HILL lies on this distribution: 97% of detached houses are smaller than 48 RAINBOW HILL, and 3% of houses are larger. Note that EPC data is not available for all properties in Worcester.

48 RAINBOW HILL: Plot and Title Map

48 RAINBOW HILL sits on a plot of roughly 0.218 of an acre, or 883m². The below map shows the location of 48 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 48 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.

Where is 48 RAINBOW HILL?

48 RAINBOW HILL is located in WORCESTER, in the WR3 postcode district. The below map shows the position of No. 48 on RAINBOW HILL.