45, RECTORY LANE, PORINGLAND, NORWICH, NR14 7SW - £270,000

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

45 RECTORY LANE is a small extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £270,000 in January 2017, which was around 15% below the average January 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

45 RECTORY LANE Sold Prices

Land registry data shows two sales for 45 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. Both of the two 45 RECTORY LANE 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
2017 27 JAN	£270,000	£318,189	15% below HPI
2003 2 DEC	£159,000	£198,990	20% below HPI

45 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 45 RECTORY LANE sales from December 2003 and January 2017 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 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 45 RECTORY LANE?

45 RECTORY LANE is 92m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 30% of detached houses in Poringland, based on EPC data. The below chart shows the distribution of detached houses by size in Poringland, and where 45 RECTORY LANE lies on this distribution: 21% of detached houses are smaller than 45 RECTORY LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Poringland.

45 RECTORY LANE: Plot and Title Map

45 RECTORY LANE sits on a plot of roughly 0.163 of an acre, or 658m². The below map shows the location of 45 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 45 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 45 RECTORY LANE?

45 RECTORY LANE is located in PORINGLAND, in the NR14 postcode district. The below map shows the position of No. 45 on RECTORY LANE.