5, RECTORY COURT, ELM GROVE LANE, NORWICH, NR3 3LH - £318,000

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

5 RECTORY COURT is a midsized detached house of 106m², built sometime between 1976 and 1982. It was last sold for £318,000 in December 2020, which was around 22% below the average December 2020 detached price in the Norwich local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

5 RECTORY COURT Sold Prices

Land registry data shows three sales for 5 RECTORY COURT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. All of the three 5 RECTORY COURT 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 11 DEC	£318,000	£405,510	22% below HPI
2017 23 MAR	£238,000	£365,344	35% below HPI
1995 22 SEP	£70,000	£79,909	12% below HPI

5 RECTORY COURT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The three 5 RECTORY COURT sales between September 1995 and December 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 March 2017 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 5 RECTORY COURT?

5 RECTORY COURT is 106m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 5 RECTORY COURT lies on this distribution: 46% of detached houses are smaller than 5 RECTORY COURT, and 53% of houses are larger. Note that EPC data is not available for all properties in Norwich.

5 RECTORY COURT: Plot and Title Map

5 RECTORY COURT sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 5 RECTORY COURT, 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 5 RECTORY COURT). 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 5 RECTORY COURT?

5 RECTORY COURT is located on ELM GROVE LANE in NORWICH, in the NR3 postcode district. The below map shows the position of 5 RECTORY COURT on ELM GROVE LANE.