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

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.

20 RECTORY LANE is a very large extended detached house of 171m², built sometime between 1967 and 1975, which could now be worth an estimated £596,216. It was last sold for £510,000 in November 2020, which was around 35% 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	£376,455	35% above HPI
2010 14 JUN	£405,000	£245,039	65% above HPI
2008 4 JAN	£415,000	£260,882	59% above HPI
2002 5 JUN	£290,000	£158,295	83% above HPI
2001 12 OCT	£205,000	£148,503	38% 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 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the November 2020 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 20 RECTORY LANE be worth now?

20 RECTORY LANE might now be worth an estimated £596,216.

This is based on house price inflation of 16.9%, between November 2020 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.9% inflationary increase is applied to the most recent sale price for 20 RECTORY LANE of £510,000 on 19th November 2020. For the value to have increased from £510,000 to £596,216 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 20 RECTORY LANE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The November 2020 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 20 RECTORY LANE has not materially changed since November 2020.

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 houses in Chedgrave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chedgrave, and where 20 RECTORY LANE lies on this distribution: 84% of detached houses 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.