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
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.
Land registry data shows four sales for 1 RIGBY CLOSE since 1st 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 |
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.
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 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.
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.