7, RIMER CLOSE, NORWICH, NR5 9HZ - £235,000

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

7 RIMER CLOSE is a midsized detached house of 116m², built sometime between 2003 and 2006. It was last sold for £235,000 in January 2014, which was around 19% below the average January 2014 detached price in the Norwich local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

7 RIMER CLOSE Sold Prices

Land registry data shows four sales for 7 RIMER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. All of the four 7 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
2014 15 JAN	£235,000	£289,489	19% below HPI
2010 29 OCT	£195,000	£258,487	25% below HPI
2007 5 APR	£230,000	£273,383	16% below HPI
2003 10 NOV	£185,000	£210,707	12% below HPI

7 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 four 7 RIMER CLOSE sales between November 2003 and January 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 October 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2014 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 7 RIMER CLOSE?

7 RIMER CLOSE is 116m² according to the EPC inspection conducted in March 2010. This puts it in the largest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 7 RIMER CLOSE lies on this distribution: 58% of detached houses are smaller than 7 RIMER CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Norwich.

7 RIMER CLOSE: Plot and Title Map

7 RIMER CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 7 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 7 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 7 RIMER CLOSE?

7 RIMER CLOSE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 7 on RIMER CLOSE.