9, RAINSBOROUGH RISE, NORWICH, NR7 0TR - £605,000

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 RAINSBOROUGH RISE is a very large extended detached house of 183m², built sometime between 1996 and 2002. It was last sold for £605,000 in February 2023, which was around 43% above the average February 2023 detached price in the Broadland local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

9 RAINSBOROUGH RISE Sold Prices

Land registry data shows four sales for 9 RAINSBOROUGH RISE 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. All of the four 9 RAINSBOROUGH RISE 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
2023 6 FEB	£605,000	£421,605	43% above HPI
2005 24 JUN	£365,000	£217,076	68% above HPI
2002 28 MAR	£253,000	£146,275	73% above HPI
1997 31 DEC	£171,750	£80,174	114% above HPI

9 RAINSBOROUGH RISE 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 RAINSBOROUGH RISE sales between December 1997 and February 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 June 2005 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the February 2023 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 9 RAINSBOROUGH RISE?

9 RAINSBOROUGH RISE is 183m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 10% 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 RAINSBOROUGH RISE lies on this distribution: 92% of detached houses are smaller than 9 RAINSBOROUGH RISE, and 8% of houses are larger. Note that EPC data is not available for all properties in Norwich.

9 RAINSBOROUGH RISE: Plot and Title Map

9 RAINSBOROUGH RISE sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of 9 RAINSBOROUGH RISE, 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 RAINSBOROUGH RISE). 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 RAINSBOROUGH RISE?

9 RAINSBOROUGH RISE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 9 on RAINSBOROUGH RISE.