Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
RAINBOWS is a very large extended detached house of 220m², built sometime between 1967 and 1975. It was last sold for £592,500 in May 2021, which was around 173% above the average May 2021 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for RAINBOWS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Lincolnshire local authority area for the corresponding sale date. All of the three RAINBOWS 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 11 MAY | £592,500 | £217,002 | 173% above HPI |
2009 4 SEP | £270,000 | £161,140 | 68% above HPI |
1998 18 DEC | £92,000 | £64,334 | 43% above HPI |
The below graph shows the average detached house price in the North Lincolnshire local authority area over time, sourced from the HPI. The three RAINBOWS sales between December 1998 and May 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 September 2009 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the May 2021 sale, where it rises to 173% above the HPI. The line then continues to track at 173% above the HPI.
RAINBOWS is 220m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 20% of detached houses in Belton, based on EPC data. The below chart shows the distribution of detached houses by size in Belton, and where RAINBOWS lies on this distribution: 89% of detached houses are smaller than RAINBOWS, and 11% of houses are larger. Note that EPC data is not available for all properties in Belton.
RAINBOWS sits on a plot of roughly 1.3 acres, or 5,420m². The below map shows the location of RAINBOWS, 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). 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.
RAINBOWS is located on THE TURBARY in BELTON, in the DN9 postcode district. The below map shows the position of RAINBOWS on THE TURBARY.