3, REDELL CLOSE, SALHOUSE, NORWICH, NR13 6RL - £275,000

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 REDELL CLOSE is a midsized detached house of 116m², built sometime between 1950 and 1966. It was last sold for £275,000 in October 2016, which was around 13% below the average October 2016 detached price in the Broadland local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

3 REDELL CLOSE Sold Prices

Land registry data shows two sales for 3 REDELL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. One of the two 3 REDELL CLOSE sales was for below the average price, whilst the other was 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
2016 4 OCT	£275,000	£315,199	13% below HPI
2007 13 APR	£265,000	£246,327	8% above HPI

3 REDELL CLOSE 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 two 3 REDELL CLOSE sales from April 2007 and October 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 April 2007 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2016 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 3 REDELL CLOSE?

3 REDELL CLOSE is 116m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 50% of detached houses in Salhouse, based on EPC data. The below chart shows the distribution of detached houses by size in Salhouse, and where 3 REDELL CLOSE lies on this distribution: 42% of detached houses are smaller than 3 REDELL CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Salhouse.

3 REDELL CLOSE: Plot and Title Map

3 REDELL CLOSE sits on a plot of roughly 0.131 of an acre, or 528m². The below map shows the location of 3 REDELL 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 3 REDELL 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 3 REDELL CLOSE?

3 REDELL CLOSE is located in SALHOUSE, in the NR13 postcode district. The below map shows the position of No. 3 on REDELL CLOSE.