RAINBOWS END, PINSTOCK LANE, GEDNEY, SPALDING, PE12 0BT - £270,000

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

RAINBOWS END is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £270,000 in February 2023, which was around 9% below the average February 2023 detached price in the South Holland local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

RAINBOWS END Sold Prices

Land registry data shows three sales for RAINBOWS END since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the three RAINBOWS END 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
2023 3 FEB	£270,000	£296,925	9% below HPI
2009 15 DEC	£138,000	£164,536	16% below HPI
2004 24 JUN	£140,000	£155,410	10% below HPI

RAINBOWS END Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The three RAINBOWS END sales between June 2004 and February 2023 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 December 2009 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is RAINBOWS END?

RAINBOWS END is 79m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 20% of detached houses in Gedney, based on EPC data. The below chart shows the distribution of detached houses by size in Gedney, and where RAINBOWS END lies on this distribution: 10% of detached houses are smaller than RAINBOWS END, and 90% of houses are larger. Note that EPC data is not available for all properties in Gedney.

RAINBOWS END: Plot and Title Map

RAINBOWS END sits on a plot of roughly 0.184 of an acre, or 746m². The below map shows the location of RAINBOWS END, 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 RAINBOWS END). 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 RAINBOWS END?

RAINBOWS END is located on PINSTOCK LANE in GEDNEY, in the PE12 postcode district. The below map shows the position of RAINBOWS END on PINSTOCK LANE.