18, RIGBY CLOSE, FRAMINGHAM EARL, NORWICH, NR14 7TL - £250,000

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

18 RIGBY CLOSE is a very small extended detached house of 67m², built sometime between 1983 and 1990. It was last sold for £250,000 in January 2024, which was around 38% below the average January 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

18 RIGBY CLOSE Sold Prices

Land registry data shows four sales for 18 RIGBY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four 18 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
2024 10 JAN	£250,000	£405,436	38% below HPI
2021 13 MAY	£245,000	£368,428	34% below HPI
2012 31 JUL	£163,950	£235,121	30% below HPI
1998 28 APR	£59,950	£81,371	26% below HPI

18 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 four 18 RIGBY CLOSE sales between April 1998 and January 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 May 2021 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2024 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 18 RIGBY CLOSE?

18 RIGBY CLOSE is 67m², which includes one extension, according to the EPC inspection conducted in August 2020. 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 18 RIGBY CLOSE lies on this distribution: 5% of detached houses are smaller than 18 RIGBY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Framingham Earl.

18 RIGBY CLOSE: Plot and Title Map

18 RIGBY CLOSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 18 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 18 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 18 RIGBY CLOSE?

18 RIGBY CLOSE is located in FRAMINGHAM EARL, in the NR14 postcode district. The below map shows the position of No. 18 on RIGBY CLOSE.