7, RAINBOW ROAD, CHAFFORD HUNDRED, GRAYS, RM16 6NG - £377,500

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.

7 RAINBOW ROAD is a large detached house of 131m², built sometime between 1996 and 2002, which could now be worth an estimated £744,932. It was last sold for £377,500 in October 2011, which was around 24% above the average October 2011 detached price in the Thurrock local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

7 RAINBOW ROAD Sold Prices

Land registry data shows two sales for 7 RAINBOW ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. Both of the two 7 RAINBOW ROAD 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
2011 3 OCT	£377,500	£304,507	24% above HPI
1999 15 MAR	£192,950	£120,153	61% above HPI

7 RAINBOW ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Thurrock local authority area over time, sourced from the HPI. The two 7 RAINBOW ROAD sales from March 1999 and October 2011 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 March 1999 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the October 2011 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 7 RAINBOW ROAD be worth now?

7 RAINBOW ROAD might now be worth an estimated £744,932.

This is based on house price inflation of 97.3%, between October 2011 and February 2025, for detached houses, in the Thurrock local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 97.3% inflationary increase is applied to the most recent sale price for 7 RAINBOW ROAD of £377,500 on 3rd October 2011. For the value to have increased from £377,500 to £744,932 over the fourteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 RAINBOW ROAD has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The October 2011 sale price of £377,500 represented a fair market value for the property.
• The size, condition, and specification of 7 RAINBOW ROAD has not materially changed since October 2011.

How Large is 7 RAINBOW ROAD?

7 RAINBOW ROAD is 131m² according to the EPC inspection conducted in February 2011. This puts it in the largest 30% of detached houses houses in South Stifford, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Stifford, and where 7 RAINBOW ROAD lies on this distribution: 71% of detached houses houses are smaller than 7 RAINBOW ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in South Stifford.

7 RAINBOW ROAD: Plot and Title Map

7 RAINBOW ROAD sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 7 RAINBOW ROAD, 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 7 RAINBOW ROAD). 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 7 RAINBOW ROAD?

7 RAINBOW ROAD is located in CHAFFORD HUNDRED, in the RM16 postcode district. The below map shows the position of No. 7 on RAINBOW ROAD.