6, REDMERE CLOSE, FRETTENHAM, NORWICH, NR12 7LN - £310,000

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.

6 REDMERE CLOSE is a large semi-detached house of 150m², built sometime between 1950 and 1966, which could now be worth an estimated £398,287. It was last sold for £310,000 in February 2018, which was around 45% above the average February 2018 semi-detached price in the Broadland local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was C.

6 REDMERE CLOSE Sold Prices

Land registry data shows four sales for 6 REDMERE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Broadland local authority area for the corresponding sale date. All of the four 6 REDMERE CLOSE 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
2018 2 FEB	£310,000	£214,001	45% above HPI
2017 16 JUN	£369,950	£210,135	76% above HPI
2008 26 SEP	£236,000	£154,518	53% above HPI
2005 21 OCT	£230,000	£145,577	58% above HPI

6 REDMERE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Broadland local authority area over time, sourced from the HPI. The four 6 REDMERE CLOSE sales between October 2005 and February 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 June 2017 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the February 2018 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 6 REDMERE CLOSE be worth now?

6 REDMERE CLOSE might now be worth an estimated £398,287.

This is based on house price inflation of 28.5%, between February 2018 and February 2025, for semi-detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.5% inflationary increase is applied to the most recent sale price for 6 REDMERE CLOSE of £310,000 on 2nd February 2018. For the value to have increased from £310,000 to £398,287 over the seven years to February 2025, the following assumptions must hold true:

• The value of 6 REDMERE CLOSE has moved in line with the HPI for semi-detached houses in the Broadland local authority area.
• The February 2018 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 6 REDMERE CLOSE has not materially changed since February 2018.

How Large is 6 REDMERE CLOSE?

6 REDMERE CLOSE is 150m² according to the EPC inspection conducted in July 2016. This puts it in the largest 30% of semi-detached houses houses in Frettenham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Frettenham, and where 6 REDMERE CLOSE lies on this distribution: 73% of semi-detached houses houses are smaller than 6 REDMERE CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Frettenham.

6 REDMERE CLOSE: Plot and Title Map

6 REDMERE CLOSE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 6 REDMERE 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 6 REDMERE 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 6 REDMERE CLOSE?

6 REDMERE CLOSE is located in FRETTENHAM, in the NR12 postcode district. The below map shows the position of No. 6 on REDMERE CLOSE.