17, RISEWAY CLOSE, NORWICH, NR1 4NJ - £222,000

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

17 RISEWAY CLOSE is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £222,000 in December 2019, which was around 41% below the average December 2019 detached price in the Norwich local authority area. The most recent EPC inspection was August 2019, where the current energy rating was B, and the potential energy rating was A.

17 RISEWAY CLOSE Sold Prices

Land registry data shows three sales for 17 RISEWAY 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 Norwich local authority area for the corresponding sale date. All of the three 17 RISEWAY 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
2019 6 DEC	£222,000	£379,431	41% below HPI
2011 10 JUN	£149,950	£254,962	41% below HPI
2010 14 OCT	£110,000	£258,487	57% below HPI

17 RISEWAY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The three 17 RISEWAY CLOSE sales between October 2010 and December 2019 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 2011 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2019 sale, which was also at 41% below the HPI.

How Large is 17 RISEWAY CLOSE?

17 RISEWAY CLOSE is 64m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 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 17 RISEWAY CLOSE lies on this distribution: 5% of detached houses are smaller than 17 RISEWAY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Norwich.

17 RISEWAY CLOSE: Plot and Title Map

17 RISEWAY CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 17 RISEWAY 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 17 RISEWAY 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 17 RISEWAY CLOSE?

17 RISEWAY CLOSE is located in NORWICH, in the NR1 postcode district. The below map shows the position of No. 17 on RISEWAY CLOSE.