59, RECTORY LANE, PORINGLAND, NORWICH, NR14 7SJ - £248,000

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

59 RECTORY LANE is a midsized extended detached house of 129m², built sometime between 1950 and 1966. It was last sold for £248,000 in October 2013, which was around 1% above the average October 2013 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

59 RECTORY LANE Sold Prices

Land registry data shows three sales for 59 RECTORY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Two of the three 59 RECTORY LANE sales were for above the average price, whilst one 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 7 OCT	£248,000	£244,879	1% above HPI
2006 7 MAR	£240,000	£219,830	9% above HPI
2005 15 JUL	£150,000	£225,127	33% below HPI

59 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 three 59 RECTORY LANE sales between July 2005 and October 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 March 2006 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the October 2013 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 59 RECTORY LANE?

59 RECTORY LANE is 129m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 50% of detached houses in Poringland, based on EPC data. The below chart shows the distribution of detached houses by size in Poringland, and where 59 RECTORY LANE lies on this distribution: 53% of detached houses are smaller than 59 RECTORY LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Poringland.

59 RECTORY LANE: Plot and Title Map

59 RECTORY LANE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 59 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 59 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 59 RECTORY LANE?

59 RECTORY LANE is located in PORINGLAND, in the NR14 postcode district. The below map shows the position of No. 59 on RECTORY LANE.