4, RECTORY LANE, CHEDGRAVE, NORWICH, NR14 6NE - £340,000

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

4 RECTORY LANE is a large extended detached house of 119m², built sometime between 1976 and 1982. It was last sold for £340,000 in August 2013, which was around 40% above the average August 2013 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

4 RECTORY LANE Sold Prices

Land registry data shows two sales for 4 RECTORY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. One of the two 4 RECTORY LANE sales was for above the average price, whilst the other was 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
2013 13 AUG	£340,000	£242,885	40% above HPI
2011 26 JUL	£210,000	£228,976	8% below HPI

4 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 two 4 RECTORY LANE sales from July 2011 and August 2013 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 2011 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2013 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 4 RECTORY LANE?

4 RECTORY LANE is 119m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 40% of detached houses in Chedgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Chedgrave, and where 4 RECTORY LANE lies on this distribution: 68% of detached houses are smaller than 4 RECTORY LANE, and 32% of houses are larger. Note that EPC data is not available for all properties in Chedgrave.

4 RECTORY LANE: Plot and Title Map

4 RECTORY LANE sits on a plot of roughly 0.196 of an acre, or 792m². The below map shows the location of 4 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 4 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 4 RECTORY LANE?

4 RECTORY LANE is located in CHEDGRAVE, in the NR14 postcode district. The below map shows the position of No. 4 on RECTORY LANE.