20, RECTORY LANE, CHEDGRAVE, NORWICH, NR14 6NE - £510,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

20 RECTORY LANE is a very large extended detached house of 171m², built sometime between 1967 and 1975. It was last sold for £510,000 in November 2020, which was around 40% above the average November 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

20 RECTORY LANE Sold Prices

Land registry data shows five sales for 20 RECTORY LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the five 20 RECTORY LANE 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
2020 19 NOV	£510,000	£365,016	40% above HPI
2010 14 JUN	£405,000	£237,593	70% above HPI
2008 4 JAN	£415,000	£252,955	64% above HPI
2002 5 JUN	£290,000	£153,486	89% above HPI
2001 12 OCT	£205,000	£143,990	42% above HPI

20 RECTORY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The five 20 RECTORY LANE sales between October 2001 and November 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 June 2010 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the November 2020 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 20 RECTORY LANE?

20 RECTORY LANE is 171m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses in Chedgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Chedgrave, and where 20 RECTORY LANE lies on this distribution: 84% of detached houses are smaller than 20 RECTORY LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Chedgrave.

20 RECTORY LANE: Plot and Title Map

20 RECTORY LANE sits on a plot of roughly 0.981 of an acre, or 3,971m². The below map shows the location of 20 RECTORY LANE, 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 20 RECTORY LANE). 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 20 RECTORY LANE?

20 RECTORY LANE is located in CHEDGRAVE, in the NR14 postcode district. The below map shows the position of No. 20 on RECTORY LANE.