9, MEADOW RISE CLOSE, NORWICH, NR2 3QQ - £357,500

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.

9 MEADOW RISE CLOSE is a small extended detached house of 97m², built sometime between 1950 and 1966, which could now be worth an estimated £418,430. It was last sold for £357,500 in August 2020, which was around 9% below the average August 2020 detached price in the Norwich local authority area. The most recent EPC inspection was September 2023, where the current energy rating was B, and the potential energy rating was B.

9 MEADOW RISE CLOSE Sold Prices

Land registry data shows four sales for 9 MEADOW RISE 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 9 MEADOW RISE 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
2020 11 AUG	£357,500	£394,793	9% below HPI
2013 25 JUL	£222,500	£283,841	22% below HPI
2004 11 JUN	£185,000	£230,666	20% below HPI
1996 11 DEC	£52,500	£79,282	34% below HPI

9 MEADOW RISE 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 9 MEADOW RISE CLOSE sales between December 1996 and August 2020 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 July 2013 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2020 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 9 MEADOW RISE CLOSE be worth now?

9 MEADOW RISE CLOSE might now be worth an estimated £418,430.

This is based on house price inflation of 17%, between August 2020 and February 2025, for detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17% inflationary increase is applied to the most recent sale price for 9 MEADOW RISE CLOSE of £357,500 on 11th August 2020. For the value to have increased from £357,500 to £418,430 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 9 MEADOW RISE CLOSE has moved in line with the HPI for detached houses in the Norwich local authority area.
• The August 2020 sale price of £357,500 represented a fair market value for the property.
• The size, condition, and specification of 9 MEADOW RISE CLOSE has not materially changed since August 2020.

How Large is 9 MEADOW RISE CLOSE?

9 MEADOW RISE CLOSE is 97m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the smallest 40% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 9 MEADOW RISE CLOSE lies on this distribution: 37% of detached houses houses are smaller than 9 MEADOW RISE CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Norwich.

9 MEADOW RISE CLOSE: Plot and Title Map

9 MEADOW RISE CLOSE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 9 MEADOW RISE 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 MEADOW RISE 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 MEADOW RISE CLOSE?

9 MEADOW RISE CLOSE is located in NORWICH, in the NR2 postcode district. The below map shows the position of No. 9 on MEADOW RISE CLOSE.