3, RECTORY CLOSE, NEWTON FLOTMAN, NORWICH, NR15 1PZ - £151,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 RECTORY CLOSE is a midsized extended semi-detached house of 114m², which could now be worth an estimated £296,517. It was last sold for £151,000 in December 2009, which was around 5% above the average December 2009 semi-detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was C.

3 RECTORY CLOSE Sold Prices

Land registry data shows two sales for 3 RECTORY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 3 RECTORY 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
2009 4 DEC	£151,000	£144,287	5% above HPI
1995 30 MAY	£55,000	£44,790	23% above HPI

3 RECTORY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 3 RECTORY CLOSE sales from May 1995 and December 2009 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 1995 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the December 2009 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 3 RECTORY CLOSE be worth now?

3 RECTORY CLOSE might now be worth an estimated £296,517.

This is based on house price inflation of 96.4%, between December 2009 and February 2025, for semi-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 96.4% inflationary increase is applied to the most recent sale price for 3 RECTORY CLOSE of £151,000 on 4th December 2009. For the value to have increased from £151,000 to £296,517 over the sixteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 RECTORY CLOSE has moved in line with the HPI for semi-detached houses in the South Norfolk local authority area.
• The December 2009 sale price of £151,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RECTORY CLOSE has not materially changed since December 2009.

How Large is 3 RECTORY CLOSE?

3 RECTORY CLOSE is 114m², which includes two extensions, according to the EPC inspection conducted in October 2009. This puts it in the largest 50% of semi-detached houses houses in Newton Flotman, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newton Flotman, and where 3 RECTORY CLOSE lies on this distribution: 57% of semi-detached houses houses are smaller than 3 RECTORY CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Newton Flotman.

3 RECTORY CLOSE: Plot and Title Map

3 RECTORY CLOSE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 3 RECTORY 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 RECTORY 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 RECTORY CLOSE?

3 RECTORY CLOSE is located in NEWTON FLOTMAN, in the NR15 postcode district. The below map shows the position of No. 3 on RECTORY CLOSE.