9, BERNARD CLOSE, RACKHEATH, NORWICH, NR13 6QS - £535,000

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

9 BERNARD CLOSE is a very large extended detached house of 164m², built sometime between 1996 and 2002. It was last sold for £535,000 in August 2024, which was around 27% above the average August 2024 detached price in the Broadland local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was C.

9 BERNARD CLOSE Sold Prices

Land registry data shows four sales for 9 BERNARD 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 Broadland local authority area for the corresponding sale date. Most of the four 9 BERNARD 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
2024 2 AUG	£535,000	£421,779	27% above HPI
2021 31 MAR	£407,000	£360,070	13% above HPI
2001 5 DEC	£165,000	£141,343	17% above HPI
2000 17 JUL	£56,000	£110,851	49% below HPI

9 BERNARD 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 four 9 BERNARD CLOSE sales between July 2000 and August 2024 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 March 2021 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2024 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 9 BERNARD CLOSE?

9 BERNARD CLOSE is 164m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the largest 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 9 BERNARD CLOSE lies on this distribution: 87% of detached houses are smaller than 9 BERNARD CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

9 BERNARD CLOSE: Plot and Title Map

9 BERNARD CLOSE sits on a plot of roughly 0.222 of an acre, or 897m². The below map shows the location of 9 BERNARD 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 9 BERNARD 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 9 BERNARD CLOSE?

9 BERNARD CLOSE is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 9 on BERNARD CLOSE.