3, RIVERSIDE CLOSE, NORWICH, NR6 5AU - £429,000

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.

3 RIVERSIDE CLOSE is a very large extended detached house of 186m², built sometime between 1900 and 1929, which could now be worth an estimated £575,715. It was last sold for £429,000 in June 2016, which was around 38% above the average June 2016 detached price in the Broadland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

3 RIVERSIDE CLOSE Sold Prices

Land registry data shows two sales for 3 RIVERSIDE 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 Broadland local authority area for the corresponding sale date. Both of the two 3 RIVERSIDE 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
2016 23 JUN	£429,000	£310,743	38% above HPI
1997 2 MAY	£90,000	£74,259	21% above HPI

3 RIVERSIDE 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 two 3 RIVERSIDE CLOSE sales from May 1997 and June 2016 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 May 1997 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the June 2016 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 3 RIVERSIDE CLOSE be worth now?

3 RIVERSIDE CLOSE might now be worth an estimated £575,715.

This is based on house price inflation of 34.2%, between June 2016 and October 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.2% inflationary increase is applied to the most recent sale price for 3 RIVERSIDE CLOSE of £429,000 on 23rd June 2016. For the value to have increased from £429,000 to £575,715 over the eight years and eight months to October 2025, the following assumptions must hold true:

• The value of 3 RIVERSIDE CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The June 2016 sale price of £429,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RIVERSIDE CLOSE has not materially changed since June 2016.

How Large is 3 RIVERSIDE CLOSE?

3 RIVERSIDE CLOSE is 186m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 10% 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 3 RIVERSIDE CLOSE lies on this distribution: 93% of detached houses houses are smaller than 3 RIVERSIDE CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Norwich.

3 RIVERSIDE CLOSE: Plot and Title Map

3 RIVERSIDE CLOSE sits on a plot of roughly 0.292 of an acre, or 1,180m². The below map shows the location of 3 RIVERSIDE 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 3 RIVERSIDE 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 3 RIVERSIDE CLOSE?

3 RIVERSIDE CLOSE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 3 on RIVERSIDE CLOSE.