15, RAINSBOROUGH RISE, NORWICH, NR7 0TR - £540,000

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

15 RAINSBOROUGH RISE is a very large extended detached house of 183m², built sometime between 1991 and 1995. It was last sold for £540,000 in April 2021, which was around 51% above the average April 2021 detached price in the Broadland local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was C.

15 RAINSBOROUGH RISE Sold Prices

Land registry data shows six sales for 15 RAINSBOROUGH RISE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the six 15 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
2021 26 APR	£540,000	£357,853	51% above HPI
2014 12 SEP	£415,000	£271,228	53% above HPI
2010 20 APR	£398,000	£238,945	67% above HPI
2001 10 AUG	£250,000	£132,302	89% above HPI
1999 22 JUL	£199,950	£91,667	118% above HPI
1997 5 MAY	£179,500	£73,522	144% above HPI

15 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 six 15 RAINSBOROUGH RISE sales between May 1997 and April 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 2014 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the April 2021 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 15 RAINSBOROUGH RISE?

15 RAINSBOROUGH RISE is 183m², which includes one extension, according to the EPC inspection conducted in March 2020. 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 15 RAINSBOROUGH RISE lies on this distribution: 92% of detached houses are smaller than 15 RAINSBOROUGH RISE, and 8% of houses are larger. Note that EPC data is not available for all properties in Norwich.

15 RAINSBOROUGH RISE: Plot and Title Map

15 RAINSBOROUGH RISE sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of 15 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 15 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 15 RAINSBOROUGH RISE?

15 RAINSBOROUGH RISE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 15 on RAINSBOROUGH RISE.