RAINBOW LODGE, MUCH BIRCH, HEREFORD, HR2 8HX - £475,000

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 LODGE is a midsized extended detached house of 141m², built sometime between 1950 and 1966. It was last sold for £475,000 in May 2024, which was around 10% above the average May 2024 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was A.

RAINBOW LODGE Sold Prices

Land registry data shows two sales for RAINBOW LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. One of the two RAINBOW LODGE sales was for above the average price, whilst the other was 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
2024 17 MAY	£475,000	£431,625	10% above HPI
2014 14 FEB	£216,000	£271,860	21% below HPI

RAINBOW LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two RAINBOW LODGE sales from February 2014 and May 2024 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 February 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2024 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is RAINBOW LODGE?

RAINBOW LODGE is 141m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 50% of detached houses in Much Birch, based on EPC data. The below chart shows the distribution of detached houses by size in Much Birch, and where RAINBOW LODGE lies on this distribution: 41% of detached houses are smaller than RAINBOW LODGE, and 57% of houses are larger. Note that EPC data is not available for all properties in Much Birch.

RAINBOW LODGE: Plot and Title Map

RAINBOW LODGE sits on a plot of roughly 0.170 of an acre, or 687m². The below map shows the location of RAINBOW LODGE, 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 LODGE). 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 LODGE?

RAINBOW LODGE is located in MUCH BIRCH, in the HR2 postcode district. The below map shows the position of RAINBOW LODGE in MUCH BIRCH.