33, RIMER CLOSE, NORWICH, NR5 9HZ - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

33 RIMER CLOSE is a midsized detached house of 102m², built sometime between 2003 and 2006, which could now be worth an estimated £346,220. It was last sold for £290,000 in July 2018, which was around 25% below the average July 2018 detached price in the Norwich local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

33 RIMER CLOSE Sold Prices

Land registry data shows two sales for 33 RIMER 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 Norwich local authority area for the corresponding sale date. Both of the two 33 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
2018 12 JUL	£290,000	£387,045	25% below HPI
2003 25 JUL	£175,000	£212,145	18% below HPI

33 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 two 33 RIMER CLOSE sales from July 2003 and July 2018 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 2003 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 33 RIMER CLOSE be worth now?

33 RIMER CLOSE might now be worth an estimated £346,220.

This is based on house price inflation of 19.4%, between July 2018 and February 2025, for detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.4% inflationary increase is applied to the most recent sale price for 33 RIMER CLOSE of £290,000 on 12th July 2018. For the value to have increased from £290,000 to £346,220 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 33 RIMER CLOSE has moved in line with the HPI for detached houses in the Norwich local authority area.
• The July 2018 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 33 RIMER CLOSE has not materially changed since July 2018.

How Large is 33 RIMER CLOSE?

33 RIMER CLOSE is 102m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 50% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 33 RIMER CLOSE lies on this distribution: 42% of detached houses houses are smaller than 33 RIMER CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Norwich.

33 RIMER CLOSE: Plot and Title Map

33 RIMER CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 33 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 33 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 33 RIMER CLOSE?

33 RIMER CLOSE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 33 on RIMER CLOSE.