RAINBOWS END, PROSPER LANE, COALWAY, COLEFORD, GL16 7JW - £340,000

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 large detached house of 149m², built sometime between 1996 and 2002. It was last sold for £340,000 in March 2017, which was around 21% above the average March 2017 detached price in the Forest of Dean local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was A.

RAINBOWS END Sold Prices

Land registry data shows two sales for RAINBOWS END since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. Both of the two RAINBOWS END 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
2017 20 MAR	£340,000	£281,520	21% above HPI
2004 19 NOV	£250,000	£225,857	11% above HPI

RAINBOWS END Price Paid vs. HPI Average

The below graph shows the average detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The two RAINBOWS END sales from November 2004 and March 2017 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 November 2004 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2017 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is RAINBOWS END?

RAINBOWS END is 149m² according to the EPC inspection conducted in March 2016. This puts it in the largest 20% of detached houses in Coalway, based on EPC data. The below chart shows the distribution of detached houses by size in Coalway, and where RAINBOWS END lies on this distribution: 83% of detached houses are smaller than RAINBOWS END, and 17% of houses are larger. Note that EPC data is not available for all properties in Coalway.

RAINBOWS END: Plot and Title Map

RAINBOWS END sits on a plot of roughly 0.109 of an acre, or 442m². 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 PROSPER LANE in COALWAY, in the GL16 postcode district. The below map shows the position of RAINBOWS END on PROSPER LANE.