8, RAINBOW COURT, WATFORD, WD19 4RP - £505,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 RAINBOW COURT is a small detached house of 107m², built sometime between 1976 and 1982. It was last sold for £505,000 in April 2014, which was around 10% below the average April 2014 detached price in the Watford local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

8 RAINBOW COURT Sold Prices

Land registry data shows two sales for 8 RAINBOW COURT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Watford local authority area for the corresponding sale date. Both of the two 8 RAINBOW COURT 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
2014 17 APR	£505,000	£559,215	10% below HPI
2000 1 SEP	£239,950	£273,352	12% below HPI

8 RAINBOW COURT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Watford local authority area over time, sourced from the HPI. The two 8 RAINBOW COURT sales from September 2000 and April 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 September 2000 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2014 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 8 RAINBOW COURT be worth now?

8 RAINBOW COURT might now be worth an estimated £801,135.

This is based on house price inflation of 58.6%, between April 2014 and December 2024, for detached houses, in the Watford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.6% inflationary increase is applied to the most recent sale price for 8 RAINBOW COURT of £505,000 on 17th April 2014. For the value to have increased from £505,000 to £801,135 over the nine years and four months to December 2024, the following assumptions must hold true:

• The value of 8 RAINBOW COURT has moved in line with the HPI for detached houses in the Watford local authority area.
• The April 2014 sale price of £505,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RAINBOW COURT has not materially changed since April 2014.

How Large is 8 RAINBOW COURT?

8 RAINBOW COURT is 107m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 30% of detached houses houses in Watford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Watford, and where 8 RAINBOW COURT lies on this distribution: 24% of detached houses houses are smaller than 8 RAINBOW COURT, and 76% of houses are larger. Note that EPC data is not available for all properties in Watford.

8 RAINBOW COURT: Plot and Title Map

8 RAINBOW COURT sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 8 RAINBOW COURT, 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 8 RAINBOW COURT). 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 8 RAINBOW COURT?

8 RAINBOW COURT is located in WATFORD, in the WD19 postcode district. The below map shows the position of No. 8 on RAINBOW COURT.