57, RAINBOW DRIVE, ATHERTON, MANCHESTER, M46 9ND - £125,000

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

57 RAINBOW DRIVE is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £125,000 in November 2016, which was around 39% below the average November 2016 detached price in the Wigan local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

57 RAINBOW DRIVE Sold Prices

Land registry data shows four sales for 57 RAINBOW DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wigan local authority area for the corresponding sale date. All of the four 57 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
2016 25 NOV	£125,000	£205,304	39% below HPI
2008 30 JAN	£110,500	£203,582	46% below HPI
2004 5 AUG	£104,000	£163,767	36% below HPI
2003 21 MAR	£86,950	£116,456	25% below HPI

57 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 four 57 RAINBOW DRIVE sales between March 2003 and November 2016 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 2008 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the November 2016 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 57 RAINBOW DRIVE?

57 RAINBOW DRIVE is 74m² according to the EPC inspection conducted in February 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 57 RAINBOW DRIVE lies on this distribution: 7% of detached houses are smaller than 57 RAINBOW DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Atherton.

57 RAINBOW DRIVE: Plot and Title Map

57 RAINBOW DRIVE sits on a plot of roughly 34.5 acres, or 139,424m². The below map shows the location of 57 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 57 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 57 RAINBOW DRIVE?

57 RAINBOW DRIVE is located in ATHERTON, in the M46 postcode district. The below map shows the position of No. 57 on RAINBOW DRIVE.