56, RECTORY GARDENS, HINGHAM, NORWICH, NR9 4RG - £115,000

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.

56 RECTORY GARDENS is a very small flat of 45m², built sometime between 1991 and 1995, which could now be worth an estimated £107,535. It was last sold for £115,000 in December 2022, which was around 20% below the average December 2022 flat price in the South Norfolk local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

56 RECTORY GARDENS Sold Prices

Land registry data shows two sales for 56 RECTORY GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the South Norfolk local authority area for the corresponding sale date. One of the two 56 RECTORY GARDENS sales was for below the average price, whilst the other was 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
2022 6 DEC	£115,000	£144,493	20% below HPI
1996 12 JUL	£37,554	£30,101	25% above HPI

What might 56 RECTORY GARDENS be worth now?

56 RECTORY GARDENS might now be worth an estimated £107,535.

This is based on house price deflation of 6.5%, between December 2022 and May 2026, for flats, 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 6.5% deflationary decrease is applied to the most recent sale price for 56 RECTORY GARDENS of £115,000 on 6th December 2022. For the value to have decreased from £115,000 to £107,535 over the four years and seven months to May 2026, the following assumptions must hold true:

• The value of 56 RECTORY GARDENS has moved in line with the HPI for flats in the South Norfolk local authority area.
• The December 2022 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 56 RECTORY GARDENS has not materially changed since December 2022.

How Large is 56 RECTORY GARDENS?

56 RECTORY GARDENS is 45m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of flats in Hingham, based on EPC data. 6% of flats are smaller than 56 RECTORY GARDENS, and 89% of flats are larger. Note that EPC data is not available for all properties in Hingham.

56 RECTORY GARDENS: Plot

56 RECTORY GARDENS sits on a plot of roughly 0.373 of an acre, or 1,509m².

Where is 56 RECTORY GARDENS?

56 RECTORY GARDENS is located in HINGHAM, in the NR9 postcode district.