1, CORNWALL CLOSE, RACKHEATH, NORWICH, NR13 6SU - £248,000

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.

1 CORNWALL CLOSE is a large extended detached house of 147m², built sometime between 1996 and 2002, which could now be worth an estimated £479,770. It was last sold for £248,000 in November 2004, which was around 13% above the average November 2004 detached price in the Broadland local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

1 CORNWALL CLOSE Sold Prices

Land registry data shows three sales for 1 CORNWALL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 1 CORNWALL CLOSE 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
2004 11 NOV	£248,000	£218,937	13% above HPI
2003 17 APR	£230,000	£188,708	22% above HPI
2002 1 MAR	£168,950	£147,742	14% above HPI

1 CORNWALL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three 1 CORNWALL CLOSE sales between March 2002 and November 2004 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 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2004 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 1 CORNWALL CLOSE be worth now?

1 CORNWALL CLOSE might now be worth an estimated £479,770.

This is based on house price inflation of 93.5%, between November 2004 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 93.5% inflationary increase is applied to the most recent sale price for 1 CORNWALL CLOSE of £248,000 on 11th November 2004. For the value to have increased from £248,000 to £479,770 over the 21 years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 CORNWALL CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The November 2004 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CORNWALL CLOSE has not materially changed since November 2004.

How Large is 1 CORNWALL CLOSE?

1 CORNWALL CLOSE is 147m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 30% of detached houses houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rackheath, and where 1 CORNWALL CLOSE lies on this distribution: 78% of detached houses houses are smaller than 1 CORNWALL CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

1 CORNWALL CLOSE: Plot and Title Map

1 CORNWALL CLOSE sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 1 CORNWALL CLOSE, 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 1 CORNWALL CLOSE). 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 1 CORNWALL CLOSE?

1 CORNWALL CLOSE is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 1 on CORNWALL CLOSE.