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 MEADOW RISE CLOSE is a small extended detached house of 97m², built sometime between 1950 and 1966. It was last sold for £357,500 in August 2020, which was around 7% 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.
Land registry data shows four sales for 9 MEADOW RISE CLOSE since 1st 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 | £382,906 | 7% below HPI |
2013 25 JUL | £222,500 | £275,294 | 19% below HPI |
2004 11 JUN | £185,000 | £223,721 | 17% below HPI |
1996 11 DEC | £52,500 | £76,895 | 32% below HPI |
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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.
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 in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 9 MEADOW RISE CLOSE lies on this distribution: 38% of detached 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 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.
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.