12, BERNARD CLOSE, RACKHEATH, NORWICH, NR13 6QS - £520,000

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

12 BERNARD CLOSE is a very large extended detached house of 187m², built sometime between 1930 and 1949. It was last sold for £520,000 in December 2021, which was around 33% above the average December 2021 detached price in the Broadland local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

12 BERNARD CLOSE Sold Prices

Land registry data shows three sales for 12 BERNARD 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 12 BERNARD 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
2021 1 DEC	£520,000	£391,591	33% above HPI
2016 13 SEP	£350,000	£315,334	11% above HPI
1999 3 SEP	£111,500	£92,513	21% above HPI

12 BERNARD 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 12 BERNARD CLOSE sales between September 1999 and December 2021 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 September 2016 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the December 2021 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 12 BERNARD CLOSE?

12 BERNARD CLOSE is 187m², which includes three extensions, according to the EPC inspection conducted in October 2012. This puts it in the largest 10% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where 12 BERNARD CLOSE lies on this distribution: 92% of detached houses are smaller than 12 BERNARD CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

12 BERNARD CLOSE: Plot and Title Map

12 BERNARD CLOSE sits on a plot of roughly 0.197 of an acre, or 795m². The below map shows the location of 12 BERNARD 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 12 BERNARD 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 12 BERNARD CLOSE?

12 BERNARD CLOSE is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 12 on BERNARD CLOSE.