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
14 RAINSBOROUGH RISE is a very large extended detached house of 249m², built sometime between 1996 and 2002. It was last sold for £450,000 in August 2015, which was around 58% above the average August 2015 detached price in the Broadland local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 14 RAINSBOROUGH RISE since 1st 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 14 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 |
---|---|---|---|
2015 21 AUG | £450,000 | £284,588 | 58% above HPI |
2001 16 AUG | £250,000 | £132,302 | 89% above HPI |
1997 23 DEC | £175,780 | £80,175 | 119% above HPI |
The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three 14 RAINSBOROUGH RISE sales between December 1997 and August 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 August 2001 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the August 2015 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.
14 RAINSBOROUGH RISE is 249m², which includes two extensions, according to the EPC inspection conducted in April 2015. 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 14 RAINSBOROUGH RISE lies on this distribution: 98% of detached houses are smaller than 14 RAINSBOROUGH RISE, and 2% of houses are larger. Note that EPC data is not available for all properties in Norwich.
14 RAINSBOROUGH RISE sits on a plot of roughly 0.171 of an acre, or 694m². The below map shows the location of 14 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 14 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.
14 RAINSBOROUGH RISE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 14 on RAINSBOROUGH RISE.