16, BERNARD CLOSE, RACKHEATH, NORWICH, NR13 6QS - £597,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 BERNARD CLOSE is a very large extended detached house of 214m², built sometime between 1967 and 1975, which could now be worth an estimated £651,918. It was last sold for £597,000 in April 2024, which was around 54% above the average April 2024 detached price in the Broadland local authority area. The most recent EPC inspection was March 2024, where the current energy rating was B, and the potential energy rating was A.

16 BERNARD CLOSE Sold Prices

Land registry data shows two sales for 16 BERNARD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 16 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
2024 2 APR	£597,000	£387,866	54% above HPI
2021 28 JUN	£475,000	£364,948	30% above HPI

16 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 two 16 BERNARD CLOSE sales from June 2021 and April 2024 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 June 2021 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the April 2024 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 16 BERNARD CLOSE be worth now?

16 BERNARD CLOSE might now be worth an estimated £651,918.

This is based on house price inflation of 9.2%, between April 2024 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.2% inflationary increase is applied to the most recent sale price for 16 BERNARD CLOSE of £597,000 on 2nd April 2024. For the value to have increased from £597,000 to £651,918 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of 16 BERNARD CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The April 2024 sale price of £597,000 represented a fair market value for the property.
• The size, condition, and specification of 16 BERNARD CLOSE has not materially changed since April 2024.

How Large is 16 BERNARD CLOSE?

16 BERNARD CLOSE is 214m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the largest 10% of detached houses houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rackheath, and where 16 BERNARD CLOSE lies on this distribution: 97% of detached houses houses are smaller than 16 BERNARD CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

16 BERNARD CLOSE: Plot and Title Map

16 BERNARD CLOSE sits on a plot of roughly 0.323 of an acre, or 1,308m². The below map shows the location of 16 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 16 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 16 BERNARD CLOSE?

16 BERNARD CLOSE is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 16 on BERNARD CLOSE.