16, RIGBY CLOSE, FRAMINGHAM EARL, NORWICH, NR14 7TL - £155,000

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

16 RIGBY CLOSE is a very small detached house of 71m², built sometime between 1996 and 2002. It was last sold for £155,000 in May 2011, which was around 33% below the average May 2011 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

16 RIGBY CLOSE Sold Prices

Land registry data shows three sales for 16 RIGBY 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 16 RIGBY 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
2011 20 MAY	£155,000	£232,805	33% below HPI
1998 8 JUN	£58,000	£81,964	29% below HPI
1997 29 MAR	£54,000	£78,922	32% below HPI

16 RIGBY 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 16 RIGBY CLOSE sales between March 1997 and May 2011 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 1998 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2011 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 16 RIGBY CLOSE?

16 RIGBY CLOSE is 71m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of detached houses in Framingham Earl, based on EPC data. The below chart shows the distribution of detached houses by size in Framingham Earl, and where 16 RIGBY CLOSE lies on this distribution: 10% of detached houses are smaller than 16 RIGBY CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Framingham Earl.

16 RIGBY CLOSE: Plot and Title Map

16 RIGBY CLOSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 16 RIGBY 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 RIGBY 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 RIGBY CLOSE?

16 RIGBY CLOSE is located in FRAMINGHAM EARL, in the NR14 postcode district. The below map shows the position of No. 16 on RIGBY CLOSE.