8, RAMSEY CLOSE, NORWICH, NR4 7BQ - £395,000

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

8 RAMSEY CLOSE is a large extended detached house of 119m², built sometime between 1996 and 2002. It was last sold for £395,000 in September 2023, which was around 15% below the average September 2023 detached price in the Norwich local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

8 RAMSEY CLOSE Sold Prices

Land registry data shows two sales for 8 RAMSEY 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 8 RAMSEY 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
2023 1 SEP	£395,000	£463,607	15% below HPI
1998 24 APR	£78,000	£87,581	11% below HPI

8 RAMSEY 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 8 RAMSEY CLOSE sales from April 1998 and September 2023 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 1998 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 8 RAMSEY CLOSE?

8 RAMSEY CLOSE is 119m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 8 RAMSEY CLOSE lies on this distribution: 62% of detached houses are smaller than 8 RAMSEY CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Norwich.

8 RAMSEY CLOSE: Plot and Title Map

8 RAMSEY CLOSE sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 8 RAMSEY 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 8 RAMSEY 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 8 RAMSEY CLOSE?

8 RAMSEY CLOSE is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 8 on RAMSEY CLOSE.