2, RISEWAY CLOSE, NORWICH, NR1 4NJ - £170,000

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.

2 RISEWAY CLOSE is a very small detached house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £250,859. It was last sold for £170,000 in October 2014, which was around 46% below the average October 2014 detached price in the Norwich local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.

2 RISEWAY CLOSE Sold Prices

Land registry data shows one sale for 2 RISEWAY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Norwich local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 3 OCT	£170,000	£317,289	46% below HPI

What might 2 RISEWAY CLOSE be worth now?

2 RISEWAY CLOSE might now be worth an estimated £250,859.

This is based on house price inflation of 47.6%, between October 2014 and April 2026, 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 47.6% inflationary increase is applied to the most recent sale price for 2 RISEWAY CLOSE of £170,000 on 3rd October 2014. For the value to have increased from £170,000 to £250,859 over the twelve years and six months to April 2026, the following assumptions must hold true:

• The value of 2 RISEWAY CLOSE has moved in line with the HPI for detached houses in the Norwich local authority area.
• The October 2014 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RISEWAY CLOSE has not materially changed since October 2014.

How Large is 2 RISEWAY CLOSE?

2 RISEWAY CLOSE is 65m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 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 2 RISEWAY CLOSE lies on this distribution: 6% of detached houses are smaller than 2 RISEWAY CLOSE, and 94% of detached houses are larger. Note that EPC data is not available for all properties in Norwich.

2 RISEWAY CLOSE: Plot

2 RISEWAY CLOSE sits on a plot of roughly 0.077 of an acre, or 311m².

Where is 2 RISEWAY CLOSE?

2 RISEWAY CLOSE is located in NORWICH, in the NR1 postcode district.