6, VERA CLOSE, RACKHEATH, NORWICH, NR13 6QR - £245,000

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

6 VERA CLOSE is a very small extended detached house of 79m², built sometime between 1950 and 1966. It was last sold for £245,000 in April 2014, which was around 3% below the average April 2014 detached price in the Broadland local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

6 VERA CLOSE Sold Prices

Land registry data shows three sales for 6 VERA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 6 VERA 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
2014 23 APR	£245,000	£253,357	3% below HPI
2012 31 MAY	£200,000	£244,229	18% below HPI
1996 3 JUN	£48,000	£71,630	33% below HPI

6 VERA 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 three 6 VERA CLOSE sales between June 1996 and April 2014 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 May 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2014 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 6 VERA CLOSE?

6 VERA CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where 6 VERA CLOSE lies on this distribution: 12% of detached houses are smaller than 6 VERA CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

6 VERA CLOSE: Plot and Title Map

6 VERA CLOSE sits on a plot of roughly 0.170 of an acre, or 687m². The below map shows the location of 6 VERA 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 VERA 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 VERA CLOSE?

6 VERA CLOSE is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 6 on VERA CLOSE.