41, RECTORY LANE, MULBARTON, NORWICH, NR14 8AG - £1,175,000

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

41 RECTORY LANE is a very large extended detached house of 217m², built sometime between 2003 and 2006. It was last sold for £1,175,000 in November 2022, which was around 177% above the average November 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

41 RECTORY LANE Sold Prices

Land registry data shows four sales for 41 RECTORY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four 41 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
2022 28 NOV	£1,175,000	£424,908	177% above HPI
2007 7 DEC	£710,000	£255,429	178% above HPI
2004 19 NOV	£425,000	£223,697	90% above HPI
2002 2 SEP	£181,500	£169,419	7% above HPI

41 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 four 41 RECTORY LANE sales between September 2002 and November 2022 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 December 2007 sale was for 178% above the HPI. So the extrapolation line tracks at 178% above the HPI over time, until the November 2022 sale, where it falls to 177% above the HPI. The line then continues to track at 177% above the HPI.

How Large is 41 RECTORY LANE?

41 RECTORY LANE is 217m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 10% of detached houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses by size in Mulbarton, and where 41 RECTORY LANE lies on this distribution: 90% of detached houses are smaller than 41 RECTORY LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

41 RECTORY LANE: Plot and Title Map

41 RECTORY LANE sits on a plot of roughly 0.802 of an acre, or 3,247m². The below map shows the location of 41 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 41 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 41 RECTORY LANE?

41 RECTORY LANE is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 41 on RECTORY LANE.