RAINBOWS END, STATION ROAD, POTTER HEIGHAM, GREAT YARMOUTH, NR29 5AD - £215,000

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 small detached house of 106m², built sometime between 2003 and 2006. It was last sold for £215,000 in September 2015, which was around 28% below the average September 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

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 North Norfolk local authority area for the corresponding sale date. Both of the two 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
2015 30 SEP	£215,000	£298,068	28% below HPI
2003 24 APR	£40,000	£176,594	77% below HPI

RAINBOWS END Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two RAINBOWS END sales from April 2003 and September 2015 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 April 2003 sale was for 77% below the HPI. So the extrapolation line tracks at 77% below the HPI over time, until the September 2015 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is RAINBOWS END?

RAINBOWS END is 106m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 40% of detached houses in Potter Heigham, based on EPC data. The below chart shows the distribution of detached houses by size in Potter Heigham, and where RAINBOWS END lies on this distribution: 40% of detached houses are smaller than RAINBOWS END, and 60% of houses are larger. Note that EPC data is not available for all properties in Potter Heigham.

RAINBOWS END: Plot and Title Map

RAINBOWS END sits on a plot of roughly 0.139 of an acre, or 563m². 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 STATION ROAD in POTTER HEIGHAM, in the NR29 postcode district. The below map shows the position of RAINBOWS END on STATION ROAD.