22, RIMER CLOSE, NORWICH, NR5 9HZ - £240,000

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

22 RIMER CLOSE is a midsized detached house of 109m², built sometime between 1996 and 2002. It was last sold for £240,000 in March 2016, which was around 29% below the average March 2016 detached price in the Norwich local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

22 RIMER CLOSE Sold Prices

Land registry data shows three sales for 22 RIMER 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 22 RIMER 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
2016 18 MAR	£240,000	£338,174	29% below HPI
2015 23 DEC	£238,000	£330,120	28% below HPI
2003 31 JUL	£175,000	£205,757	15% below HPI

22 RIMER 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 22 RIMER CLOSE sales between July 2003 and March 2016 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 December 2015 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 22 RIMER CLOSE?

22 RIMER CLOSE is 109m² according to the EPC inspection conducted in February 2015. This puts it in the largest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 22 RIMER CLOSE lies on this distribution: 50% of detached houses are smaller than 22 RIMER CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Norwich.

22 RIMER CLOSE: Plot and Title Map

22 RIMER CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 22 RIMER 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 22 RIMER 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 22 RIMER CLOSE?

22 RIMER CLOSE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 22 on RIMER CLOSE.