3, RAINSBOROUGH RISE, NORWICH, NR7 0TR - £542,000

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

3 RAINSBOROUGH RISE is a very large extended detached house of 216m², built sometime between 1991 and 1995. It was last sold for £542,000 in July 2020, which was around 53% above the average July 2020 detached price in the Broadland local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

3 RAINSBOROUGH RISE Sold Prices

Land registry data shows four sales for 3 RAINSBOROUGH RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 3 RAINSBOROUGH RISE sales were for above 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 29 JUL	£542,000	£354,166	53% above HPI
2015 7 JUL	£430,000	£278,512	54% above HPI
2005 4 APR	£339,000	£217,823	56% above HPI
1995 30 NOV	£176,570	£73,349	141% above HPI

3 RAINSBOROUGH RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The four 3 RAINSBOROUGH RISE sales between November 1995 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 July 2015 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the July 2020 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 3 RAINSBOROUGH RISE?

3 RAINSBOROUGH RISE is 216m², which includes two extensions, according to the EPC inspection conducted in February 2015. This puts it in the largest 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 3 RAINSBOROUGH RISE lies on this distribution: 96% of detached houses are smaller than 3 RAINSBOROUGH RISE, and 4% of houses are larger. Note that EPC data is not available for all properties in Norwich.

3 RAINSBOROUGH RISE: Plot and Title Map

3 RAINSBOROUGH RISE sits on a plot of roughly 0.182 of an acre, or 735m². The below map shows the location of 3 RAINSBOROUGH RISE, 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 3 RAINSBOROUGH RISE). 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 3 RAINSBOROUGH RISE?

3 RAINSBOROUGH RISE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 3 on RAINSBOROUGH RISE.