RAINBOW HOUSE, KING STREET, OVER, CAMBRIDGE, CB24 5PS - £675,000

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

RAINBOW HOUSE is a midsized detached house of 123m², built sometime between 2003 and 2006. It was last sold for £675,000 in November 2021, which was around 22% above the average November 2021 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

RAINBOW HOUSE Sold Prices

Land registry data shows five sales for RAINBOW HOUSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. All of the five RAINBOW HOUSE 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
2021 5 NOV	£675,000	£554,408	22% above HPI
2014 21 JUL	£500,000	£395,092	27% above HPI
2012 26 JUL	£435,000	£366,898	19% above HPI
2007 8 AUG	£450,000	£347,965	29% above HPI
2003 19 NOV	£425,000	£271,695	56% above HPI

RAINBOW HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The five RAINBOW HOUSE sales between November 2003 and November 2021 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 July 2014 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 2021 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is RAINBOW HOUSE?

RAINBOW HOUSE is 123m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 50% of detached houses in Over, based on EPC data. The below chart shows the distribution of detached houses by size in Over, and where RAINBOW HOUSE lies on this distribution: 46% of detached houses are smaller than RAINBOW HOUSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Over.

RAINBOW HOUSE: Plot and Title Map

RAINBOW HOUSE sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of RAINBOW HOUSE, 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 HOUSE). 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 HOUSE?

RAINBOW HOUSE is located on KING STREET in OVER, in the CB24 postcode district. The below map shows the position of RAINBOW HOUSE on KING STREET.