23, RISEWAY CLOSE, NORWICH, NR1 4NJ - £250,000

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.

23 RISEWAY CLOSE is a very small extended detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £274,009. It was last sold for £250,000 in August 2021, which was around 41% below the average August 2021 detached price in the Norwich local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

23 RISEWAY CLOSE Sold Prices

Land registry data shows one sale for 23 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
2021 18 AUG	£250,000	£427,180	41% below HPI

What might 23 RISEWAY CLOSE be worth now?

23 RISEWAY CLOSE might now be worth an estimated £274,009.

This is based on house price inflation of 9.6%, between August 2021 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 9.6% inflationary increase is applied to the most recent sale price for 23 RISEWAY CLOSE of £250,000 on 18th August 2021. For the value to have increased from £250,000 to £274,009 over the five years and four months to April 2026, the following assumptions must hold true:

• The value of 23 RISEWAY CLOSE has moved in line with the HPI for detached houses in the Norwich local authority area.
• The August 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 23 RISEWAY CLOSE has not materially changed since August 2021.

How Large is 23 RISEWAY CLOSE?

23 RISEWAY CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 23 RISEWAY CLOSE lies on this distribution: 12% of detached houses are smaller than 23 RISEWAY CLOSE, and 87% of detached houses are larger. Note that EPC data is not available for all properties in Norwich.

23 RISEWAY CLOSE: Plot

23 RISEWAY CLOSE sits on a plot of roughly 0.078 of an acre, or 316m².

Where is 23 RISEWAY CLOSE?

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