29, RIMER CLOSE, NORWICH, NR5 9HZ - £320,000

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

29 RIMER CLOSE is a midsized detached house of 117m², built sometime between 2003 and 2006. It was last sold for £320,000 in July 2020, which was around 18% below the average July 2020 detached price in the Norwich local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

29 RIMER CLOSE Sold Prices

Land registry data shows four sales for 29 RIMER 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 Norwich local authority area for the corresponding sale date. All of the four 29 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
2020 24 JUL	£320,000	£388,083	18% below HPI
2017 18 OCT	£300,000	£365,049	18% below HPI
2016 31 MAR	£260,000	£338,174	23% below HPI
2003 21 AUG	£185,000	£209,275	12% below HPI

29 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 four 29 RIMER CLOSE sales between August 2003 and July 2020 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 October 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2020 sale, which was also at 18% below the HPI.

How Large is 29 RIMER CLOSE?

29 RIMER CLOSE is 117m² according to the EPC inspection conducted in June 2018. This puts it in the largest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 29 RIMER CLOSE lies on this distribution: 60% of detached houses are smaller than 29 RIMER CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Norwich.

29 RIMER CLOSE: Plot and Title Map

29 RIMER CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 29 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 29 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 29 RIMER CLOSE?

29 RIMER CLOSE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 29 on RIMER CLOSE.