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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

RAINBOWS END is a small detached house of 106m², built sometime between 2003 and 2006, which could now be worth an estimated £307,774. It was last sold for £215,000 in September 2015, which was around 29% 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	£300,953	29% below HPI
2003 24 APR	£40,000	£178,303	78% 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 78% below the HPI. So the extrapolation line tracks at 78% below the HPI over time, until the September 2015 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might RAINBOWS END be worth now?

RAINBOWS END might now be worth an estimated £307,774.

This is based on house price inflation of 43.2%, between September 2015 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.2% inflationary increase is applied to the most recent sale price for RAINBOWS END of £215,000 on 30th September 2015. For the value to have increased from £215,000 to £307,774 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of RAINBOWS END has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The September 2015 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of RAINBOWS END has not materially changed since September 2015.

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 houses in Potter Heigham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Potter Heigham, and where RAINBOWS END lies on this distribution: 39% of detached houses houses are smaller than RAINBOWS END, and 61% 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.