RAINBOW COTTAGE, MAIN ROAD, BURN, SELBY, YO8 8LJ - £115,500

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.

RAINBOW COTTAGE is a very small semi-detached house of 92m², built sometime between 1900 and 1929, which could now be worth an estimated £145,462. It was last sold for £115,500 in August 2018, which was around 45% below the average August 2018 semi-detached price in the North Yorkshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was B.

RAINBOW COTTAGE Sold Prices

Land registry data shows two sales for RAINBOW COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Yorkshire local authority area for the corresponding sale date. Both of the two RAINBOW COTTAGE 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
2018 14 AUG	£115,500	£211,257	45% below HPI
1995 7 AUG	£55,000	£56,349	2% below HPI

RAINBOW COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Yorkshire local authority area over time, sourced from the HPI. The two RAINBOW COTTAGE sales from August 1995 and August 2018 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 August 1995 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2018 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might RAINBOW COTTAGE be worth now?

RAINBOW COTTAGE might now be worth an estimated £145,462.

This is based on house price inflation of 25.9%, between August 2018 and July 2025, for semi-detached houses, in the North Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.9% inflationary increase is applied to the most recent sale price for RAINBOW COTTAGE of £115,500 on 14th August 2018. For the value to have increased from £115,500 to £145,462 over the seven years and one month to July 2025, the following assumptions must hold true:

• The value of RAINBOW COTTAGE has moved in line with the HPI for semi-detached houses in the North Yorkshire local authority area.
• The August 2018 sale price of £115,500 represented a fair market value for the property.
• The size, condition, and specification of RAINBOW COTTAGE has not materially changed since August 2018.

How Large is RAINBOW COTTAGE?

RAINBOW COTTAGE is 92m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of semi-detached houses houses in Burn, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Burn, and where RAINBOW COTTAGE lies on this distribution: 10% of semi-detached houses houses are smaller than RAINBOW COTTAGE, and 90% of houses are larger. Note that EPC data is not available for all properties in Burn.

RAINBOW COTTAGE: Plot and Title Map

RAINBOW COTTAGE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of RAINBOW COTTAGE, 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 RAINBOW COTTAGE). 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 RAINBOW COTTAGE?

RAINBOW COTTAGE is located on MAIN ROAD in BURN, in the YO8 postcode district. The below map shows the position of RAINBOW COTTAGE on MAIN ROAD.