32, RECTORY ROAD, HORSTEAD, NORWICH, NR12 7EP - £332,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

32 RECTORY ROAD is a very small detached house of 63m², built sometime between 1950 and 1966. It was last sold for £332,500 in November 2020, which was around 7% below the average November 2020 detached price in the Broadland local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

32 RECTORY ROAD Sold Prices

Land registry data shows two sales for 32 RECTORY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 32 RECTORY ROAD sales were for below 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 9 NOV	£332,500	£358,956	7% below HPI
2002 24 MAY	£134,950	£151,340	11% below HPI

32 RECTORY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 32 RECTORY ROAD sales from May 2002 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 May 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 32 RECTORY ROAD?

32 RECTORY ROAD is 63m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses in Horstead, based on EPC data. The below chart shows the distribution of detached houses by size in Horstead, and where 32 RECTORY ROAD lies on this distribution: 7% of detached houses are smaller than 32 RECTORY ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Horstead.

32 RECTORY ROAD: Plot and Title Map

32 RECTORY ROAD sits on a plot of roughly 0.218 of an acre, or 882m². The below map shows the location of 32 RECTORY ROAD, 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 32 RECTORY ROAD). 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 32 RECTORY ROAD?

32 RECTORY ROAD is located in HORSTEAD, in the NR12 postcode district. The below map shows the position of No. 32 on RECTORY ROAD.