THE FORMER RECTORY, BROOMSTHORPE ROAD, EAST RUDHAM, KING'S LYNN, PE31 8RG - £625,000

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

THE FORMER RECTORY is a large extended detached house of 182m², built sometime between 1967 and 1975. It was last sold for £625,000 in October 2023, which was around 71% above the average October 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

THE FORMER RECTORY Sold Prices

Land registry data shows two sales for THE FORMER RECTORY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Both of the two THE FORMER RECTORY 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
2023 10 OCT	£625,000	£365,324	71% above HPI
2002 8 MAR	£195,500	£118,818	65% above HPI

THE FORMER RECTORY Price Paid vs. HPI Average

The below graph shows the average detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The two THE FORMER RECTORY sales from March 2002 and October 2023 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 2002 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the October 2023 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is THE FORMER RECTORY?

THE FORMER RECTORY is 182m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the largest 30% of detached houses in East Rudham, based on EPC data. The below chart shows the distribution of detached houses by size in East Rudham, and where THE FORMER RECTORY lies on this distribution: 74% of detached houses are smaller than THE FORMER RECTORY, and 26% of houses are larger. Note that EPC data is not available for all properties in East Rudham.

THE FORMER RECTORY: Plot and Title Map

THE FORMER RECTORY sits on a plot of roughly 0.272 of an acre, or 1,102m². The below map shows the location of THE FORMER RECTORY, 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 THE FORMER RECTORY). 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 THE FORMER RECTORY?

THE FORMER RECTORY is located on BROOMSTHORPE ROAD in EAST RUDHAM, in the PE31 postcode district. The below map shows the position of THE FORMER RECTORY on BROOMSTHORPE ROAD.