7A, RECTORY LANE, CHEDGRAVE, NORWICH, NR14 6NE - £565,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7A RECTORY LANE is a very large extended detached house of 206m², built sometime from 2007 onwards, which could now be worth an estimated £660,235. It was last sold for £565,000 in April 2021, which was around 50% above the average April 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

7A RECTORY LANE Sold Prices

Land registry data shows two sales for 7A 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 7A 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
2021 15 APR	£565,000	£376,614	50% above HPI
2009 27 FEB	£390,000	£219,572	78% above HPI

7A 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 7A RECTORY LANE sales from February 2009 and April 2021 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 February 2009 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the April 2021 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 7A RECTORY LANE be worth now?

7A RECTORY LANE might now be worth an estimated £660,235.

This is based on house price inflation of 16.9%, between April 2021 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.9% inflationary increase is applied to the most recent sale price for 7A RECTORY LANE of £565,000 on 15th April 2021. For the value to have increased from £565,000 to £660,235 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 7A RECTORY LANE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The April 2021 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 7A RECTORY LANE has not materially changed since April 2021.

How Large is 7A RECTORY LANE?

7A RECTORY LANE is 206m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the largest 20% of detached houses houses in Chedgrave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chedgrave, and where 7A RECTORY LANE lies on this distribution: 87% of detached houses houses are smaller than 7A RECTORY LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Chedgrave.

7A RECTORY LANE: Plot and Title Map

7A RECTORY LANE sits on a plot of roughly 0.166 of an acre, or 670m². The below map shows the location of 7A 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 7A 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 7A RECTORY LANE?

7A RECTORY LANE is located in CHEDGRAVE, in the NR14 postcode district. The below map shows the position of No. 7A on RECTORY LANE.