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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

17 RISEWAY CLOSE is a very small detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £262,215. It was last sold for £222,000 in December 2019, which was around 43% 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	£391,211	43% below HPI
2011 10 JUN	£149,950	£262,877	43% below HPI
2010 14 OCT	£110,000	£266,512	59% 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 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2019 sale, which was also at 43% below the HPI.

What might 17 RISEWAY CLOSE be worth now?

17 RISEWAY CLOSE might now be worth an estimated £262,215.

This is based on house price inflation of 18.1%, between December 2019 and February 2025, for detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.1% inflationary increase is applied to the most recent sale price for 17 RISEWAY CLOSE of £222,000 on 6th December 2019. For the value to have increased from £222,000 to £262,215 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 17 RISEWAY CLOSE has moved in line with the HPI for detached houses in the Norwich local authority area.
• The December 2019 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of 17 RISEWAY CLOSE has not materially changed since December 2019.

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 houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 17 RISEWAY CLOSE lies on this distribution: 5% of detached houses 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.