12, RAINSBOROUGH RISE, NORWICH, NR7 0TR - £485,000

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 RAINSBOROUGH RISE is a very large extended detached house of 220m², built sometime between 1991 and 1995. It was last sold for £485,000 in June 2017, which was around 50% above the average June 2017 detached price in the Broadland local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

12 RAINSBOROUGH RISE Sold Prices

Land registry data shows five sales for 12 RAINSBOROUGH RISE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the five 12 RAINSBOROUGH RISE 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
2017 30 JUN	£485,000	£323,693	50% above HPI
2015 24 MAR	£435,000	£279,017	56% above HPI
2009 14 AUG	£380,000	£219,517	73% above HPI
2002 5 JUN	£269,000	£155,567	73% above HPI
1998 29 JUN	£173,500	£82,995	109% above HPI

12 RAINSBOROUGH RISE 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 five 12 RAINSBOROUGH RISE sales between June 1998 and June 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 March 2015 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the June 2017 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 12 RAINSBOROUGH RISE?

12 RAINSBOROUGH RISE is 220m², which includes two extensions, according to the EPC inspection conducted in April 2017. This puts it in the largest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 12 RAINSBOROUGH RISE lies on this distribution: 96% of detached houses are smaller than 12 RAINSBOROUGH RISE, and 4% of houses are larger. Note that EPC data is not available for all properties in Norwich.

12 RAINSBOROUGH RISE: Plot and Title Map

12 RAINSBOROUGH RISE sits on a plot of roughly 0.151 of an acre, or 609m². The below map shows the location of 12 RAINSBOROUGH RISE, 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 RAINSBOROUGH RISE). 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 RAINSBOROUGH RISE?

12 RAINSBOROUGH RISE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 12 on RAINSBOROUGH RISE.