1, RIGBY CLOSE, FRAMINGHAM EARL, NORWICH, NR14 7TL - £235,000

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

1 RIGBY CLOSE is a very small detached house of 80m², built sometime between 1991 and 1995. It was last sold for £235,000 in April 2020, which was around 33% below the average April 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

1 RIGBY CLOSE Sold Prices

Land registry data shows four sales for 1 RIGBY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four 1 RIGBY CLOSE 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
2020 30 APR	£235,000	£350,239	33% below HPI
2019 23 OCT	£280,000	£340,368	18% below HPI
2004 29 NOV	£179,995	£223,697	20% below HPI
2000 14 JUN	£83,000	£111,772	26% below HPI

1 RIGBY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The four 1 RIGBY CLOSE sales between June 2000 and April 2020 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 October 2019 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 1 RIGBY CLOSE?

1 RIGBY CLOSE is 80m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% of detached houses in Framingham Earl, based on EPC data. The below chart shows the distribution of detached houses by size in Framingham Earl, and where 1 RIGBY CLOSE lies on this distribution: 17% of detached houses are smaller than 1 RIGBY CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Framingham Earl.

1 RIGBY CLOSE: Plot and Title Map

1 RIGBY CLOSE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 1 RIGBY 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 RIGBY 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 RIGBY CLOSE?

1 RIGBY CLOSE is located in FRAMINGHAM EARL, in the NR14 postcode district. The below map shows the position of No. 1 on RIGBY CLOSE.