12, RICHES CLOSE, TASBURGH, NORWICH, NR15 1NX - £208,500

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

12 RICHES CLOSE is a midsized detached house of 101m², built sometime between 1967 and 1975. It was last sold for £208,500 in November 2006, which was around 14% below the average November 2006 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.

12 RICHES CLOSE Sold Prices

Land registry data shows three sales for 12 RICHES 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 South Norfolk local authority area for the corresponding sale date. All of the three 12 RICHES 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
2006 24 NOV	£208,500	£241,287	14% below HPI
2004 17 SEP	£173,500	£221,824	22% below HPI
2002 17 MAY	£112,500	£151,085	26% below HPI

12 RICHES CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 12 RICHES CLOSE sales between May 2002 and November 2006 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 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2006 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 12 RICHES CLOSE?

12 RICHES CLOSE is 101m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 50% of detached houses in Tasburgh, based on EPC data. The below chart shows the distribution of detached houses by size in Tasburgh, and where 12 RICHES CLOSE lies on this distribution: 43% of detached houses are smaller than 12 RICHES CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Tasburgh.

12 RICHES CLOSE: Plot and Title Map

12 RICHES CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 12 RICHES 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 RICHES 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 RICHES CLOSE?

12 RICHES CLOSE is located in TASBURGH, in the NR15 postcode district. The below map shows the position of No. 12 on RICHES CLOSE.