3, RECTORY LANE, CHEDGRAVE, NORWICH, NR14 6NE - £495,000

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.

3 RECTORY LANE is a very large extended detached house of 210m², built sometime between 1983 and 1990, which could now be worth an estimated £778,158. It was last sold for £495,000 in March 2015, which was around 77% above the average March 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

3 RECTORY LANE Sold Prices

Land registry data shows three sales for 3 RECTORY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 3 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
2015 24 MAR	£495,000	£279,952	77% above HPI
2012 9 JUL	£385,000	£242,489	59% above HPI
2009 13 AUG	£380,000	£225,312	69% above HPI

3 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 three 3 RECTORY LANE sales between August 2009 and March 2015 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 July 2012 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the March 2015 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might 3 RECTORY LANE be worth now?

3 RECTORY LANE might now be worth an estimated £778,158.

This is based on house price inflation of 57.2%, between March 2015 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 57.2% inflationary increase is applied to the most recent sale price for 3 RECTORY LANE of £495,000 on 24th March 2015. For the value to have increased from £495,000 to £778,158 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of 3 RECTORY LANE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The March 2015 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RECTORY LANE has not materially changed since March 2015.

How Large is 3 RECTORY LANE?

3 RECTORY LANE is 210m², which includes one extension, according to the EPC inspection conducted in July 2009. 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 3 RECTORY LANE lies on this distribution: 88% of detached houses houses are smaller than 3 RECTORY LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Chedgrave.

3 RECTORY LANE: Plot and Title Map

3 RECTORY LANE sits on a plot of roughly 0.343 of an acre, or 1,389m². The below map shows the location of 3 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 3 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 3 RECTORY LANE?

3 RECTORY LANE is located in CHEDGRAVE, in the NR14 postcode district. The below map shows the position of No. 3 on RECTORY LANE.