10, MEADOW RISE CLOSE, NORWICH, NR2 3QQ - £330,000

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.

10 MEADOW RISE CLOSE is a very small extended detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £412,918. It was last sold for £330,000 in February 2017, which was around 11% below the average February 2017 detached price in the Norwich local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

10 MEADOW RISE CLOSE Sold Prices

Land registry data shows three sales for 10 MEADOW RISE 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 Norwich local authority area for the corresponding sale date. All of the three 10 MEADOW RISE 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
2017 3 FEB	£330,000	£369,289	11% below HPI
2006 19 APR	£207,500	£245,680	16% below HPI
2005 4 OCT	£160,000	£242,441	34% below HPI

10 MEADOW RISE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The three 10 MEADOW RISE CLOSE sales between October 2005 and February 2017 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 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2017 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 10 MEADOW RISE CLOSE be worth now?

10 MEADOW RISE CLOSE might now be worth an estimated £412,918.

This is based on house price inflation of 25.1%, between February 2017 and February 2025, for detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.1% inflationary increase is applied to the most recent sale price for 10 MEADOW RISE CLOSE of £330,000 on 3rd February 2017. For the value to have increased from £330,000 to £412,918 over the eight years to February 2025, the following assumptions must hold true:

• The value of 10 MEADOW RISE CLOSE has moved in line with the HPI for detached houses in the Norwich local authority area.
• The February 2017 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MEADOW RISE CLOSE has not materially changed since February 2017.

How Large is 10 MEADOW RISE CLOSE?

10 MEADOW RISE CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 10 MEADOW RISE CLOSE lies on this distribution: 12% of detached houses houses are smaller than 10 MEADOW RISE CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Norwich.

10 MEADOW RISE CLOSE: Plot and Title Map

10 MEADOW RISE CLOSE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 10 MEADOW RISE 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 10 MEADOW RISE 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 10 MEADOW RISE CLOSE?

10 MEADOW RISE CLOSE is located in NORWICH, in the NR2 postcode district. The below map shows the position of No. 10 on MEADOW RISE CLOSE.