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
10 REDMERE CLOSE is a large extended detached house of 155m², built sometime between 1967 and 1975. It was last sold for £275,000 in September 2015, which was around 6% below the average September 2015 detached price in the Broadland local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 10 REDMERE CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 10 REDMERE 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 |
---|---|---|---|
2015 22 SEP | £275,000 | £291,153 | 6% below HPI |
1999 6 DEC | £93,000 | £98,779 | 6% below HPI |
1995 24 MAR | £32,000 | £70,232 | 54% below HPI |
1995 11 JAN | £31,000 | £72,480 | 57% below HPI |
The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The four 10 REDMERE CLOSE sales between January 1995 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 December 1999 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2015 sale, which was also at 6% below the HPI.
10 REDMERE CLOSE is 155m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 30% of detached houses in Frettenham, based on EPC data. The below chart shows the distribution of detached houses by size in Frettenham, and where 10 REDMERE CLOSE lies on this distribution: 73% of detached houses are smaller than 10 REDMERE CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Frettenham.
10 REDMERE CLOSE sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 10 REDMERE 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 REDMERE 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.
10 REDMERE CLOSE is located in FRETTENHAM, in the NR12 postcode district. The below map shows the position of No. 10 on REDMERE CLOSE.