Updated July 2026
Why are 96 properties sitting on the market in a village of this scale, yet nearly half of agreed sales are holding firm? At the time of this report, Chedgrave records an average asking price of £349,500 alongside a 43% subjects to contract rate.
At first glance, a 14.3 month inventory suggests a sluggish environment for sellers. What this actually reveals is a pronounced divergence between ambitious asking prices and reality, while well-positioned homes still move.
The wider Norfolk context shows an upper quartile that is increasingly selective rather than weak. Properties that present impeccably continue to generate strong competition despite broader economic headwinds.
One of the most reliable ways to assess the market is by looking at the percentage of homes marked as “Sold STC” or “Under Offer” compared with the total number of properties on the market.
With 96 properties available and 41 under offer, With 43% of properties under offer, the market is broadly balanced between buyers and sellers.
At current sales rates, there is approximately 14.3 months of inventory, above the 6-month threshold of a balanced market.
Prices have fallen -7.2% over the past year, creating opportunities for well-positioned buyers.
Buyers have reasonable room to negotiate. With 43% of properties under offer and 14.3 months of inventory, the market allows for measured decision-making.
The interesting thing about the local micro-market is how resilient long term performance remains despite recent downward pressure. With a 5-year growth figure of +8.9% and 499 Land Registry transactions recorded over the same period, the foundations remain robust.The parish trades at a slight -1.6% discount against the broader district, creating quiet opportunities for astute buyers. While coastal hotspots capture headlines, informed purchasers are finding genuine value along the Chet valley.
Many buyers assume falling averages signal distress, but the numbers point to a market recalibration rather than a crash. At the time of this report, detached properties command an average of £621,000 while terraced homes sit at £250,000, illustrating two distinct buyer tiers.
The 188-day average time on market reveals that vendors with unrealistic asking prices face extended waits. Conversely, the 43% SSTC rate demonstrates that sensibly priced homes continue to find buyers without undue delay.
Purchasers exploring the property landscape find themselves in an advantageous position with 14.3 months of inventory available. That level of supply provides genuine leverage during negotiations, allowing buyers to take a measured approach. Properties priced correctly from day one – particularly semi-detached homes averaging £335,000 – continue to secure prompt attention despite the wider market headwinds.
Walking the historic lanes reveals a lifestyle anchored by the River Chet and period architecture, offering a genuine village atmosphere far removed from urban density. Buyers targeting detached properties averaging £621,000 can expect motivated vendors who recognise the realities of a buyers market. Strategic patience combined with thorough local research yields significant advantages in this parish.
The local property landscape is experiencing a necessary reset following years of erratic growth across Norfolk. While a 1-year price change of -7.2% sounds stark, it represents a return to sustainable fundamentals rather than systemic failure.
Sellers must discard pandemic era pricing expectations if they want to secure a transaction within a reasonable timeframe. The strategic recommendation is clear – price with absolute precision from day one, or risk contributing to the 188-day average market duration.
Rental data will be added as it becomes available. Contact us for a full investment assessment of a specific property.
A snapshot of 20 residential properties currently listed in Chedgrave, sorted by price.
| Date | Address | Price | Type |
|---|---|---|---|
| 2025-07-23 | 76, Oak Avenue, Loddon, NR14 6FW | £215,000 | Terraced House |
| 2025-06-06 | 80, Oak Avenue, Loddon, NR14 6FW | £225,000 | Terraced House |
| 2024-12-18 | 57, Oak Avenue, Loddon, NR14 6FT | £262,000 | Semi-Detached House |
| 2026-01-09 | 49, Oak Avenue, Loddon, NR14 6FT | £215,000 | Terraced House |
| 2025-07-25 | 55, Oak Avenue, Loddon, NR14 6FT | £265,000 | Semi-Detached House |
| 2025-05-16 | 116, Oak Avenue, Loddon, NR14 6FW | £455,000 | Detached House |
| 2025-12-22 | 47, Oak Avenue, Loddon, NR14 6FT | £210,000 | Terraced House |
| 2024-12-18 | 10, Maple Crescent, Loddon, NR14 6FX | £455,000 | Detached House |
| 2025-11-13 | George House, 40 – 48, George Lane, Loddon, N | £3,550,000 | |
| 2026-01-16 | 34, Chestnut Drive, Loddon, NR14 6GF | £440,000 | Detached House |
| 2026-04-24 | 22, Water Meadow Close, Loddon, NR14 6UP | £225,000 | Detached House |
| 2025-06-13 | 5, Water Meadow Close, Loddon, NR14 6UP | £215,000 | Terraced House |
| 2025-04-25 | 29, Cedar Drive, Loddon, NR14 6LE | £405,000 | Detached House |
| 2025-05-30 | 4, Oakfields, Loddon, NR14 6UT | £235,000 | Semi-Detached House |
| 2025-04-25 | 6, Hawthorne Close, Loddon, NR14 6UX | £262,000 | Semi-Detached House |
| Area | Avg Price | Growth 1Y |
|---|---|---|
| Chedgrave | £349,500 | -7.2% |
| District average | £389,595 | – |
| Norfolk county average | £365,991 | – |
Chedgrave prices sit 1.6% below the wider district average, making it an appealing prospect for value-conscious buyers.
| Area | Avg Price | SSTC % | Days on Market | Market |
|---|---|---|---|---|
| Chedgrave | £349,500 | 43% | 188 | Buyers’ Market |
| Loddon | £306,500 | 20% | 435 | Strong Buyers’ Market |
| Hales | £287,100 | 20% | 507 | Strong Buyers’ Market |
| Hardley | £299,500 | 10% | 380 | Balanced Market |
| Mundham | £453,500 | 35% | 380 | Balanced Market |
| Raveningham | £323,500 | 5% | 435 | Strong Buyers’ Market |
| Norton Subcourse | £364,000 | 5% | 608 | Strong Buyers’ Market |
Rising from the marshes of the Chet valley, the settlement offers a distinct architectural texture defined by flint cottages and substantial Victorian residences. The parish maintains a quiet independence, featuring local independent amenities along its winding lanes.
Positioned directly adjacent to Loddon, the village enjoys a thriving community character without losing its rural tranquillity. Residents benefit from scenic riverside walks and convenient road connections toward Norwich while enjoying a genuine countryside setting.
With 96 properties currently competing for attention, standing out requires far more than standard portal photography. An average of 188 days on market demonstrates that overpricing exacts a heavy penalty in inventory depth.
Sellers should review the 20 transactions recorded over the past twelve months to understand true local velocity. Setting a realistic figure aligned with the £310,000 five-year median is the single most effective strategy for achieving a successful conversion.
Navigating a 14.3 month inventory environment requires an agency with deep local intelligence rather than generic portal promotion. The best practitioners understand the nuanced micro-market differences between the village and neighbouring settlements like Loddon.
Selecting representation depends entirely on an agent’s ability to deliver targeted marketing to affluent buyers rather than relying on automated price reductions. Local expertise and transparent advisory remain the primary drivers of successful transactions.
At the time of this report, the village is classified as a buyers market with 14.3 months of inventory and 96 properties currently available.
The average asking price stands at £349,500, reflecting current market re-evaluations across the parish.
The settlement offers a compelling lifestyle defined by the River Chet valley, historic architecture, and peaceful rural surroundings within easy reach of Norwich.
Property types span detached houses averaging £621,000, semi-detached homes at £335,000, terraced houses at £250,000, and flats with a Land Registry average of £136,375.
Prices have contracted by -7.2% over the past year, representing a healthy market recalibration rather than a permanent downturn.
Properties take an average of 188 days on the market to secure a sale, underscoring the importance of accurate initial pricing.
Purchasers are drawn to the scenic riverside walks, strong community character, and attractive parish setting close to the Broads.
Residents benefit from accessible road links via the A146 corridor, providing straightforward connections into Norwich for work or leisure.
Loddon averages £306,500 with a 20% SSTC rate, while Mundham commands £453,500 with 35% SSTC. The village sits comfortably in the middle of these micro-markets at £349,500.
Home values can be assessed by reviewing recent Land Registry medians of £310,000 alongside verified local transaction comparables over the past five years.
The area attracts both families and retirees due to local amenities, community stability, and access to tranquil countryside paths.
Long-term performance shows 5-year growth of +8.9% and 499 recorded sales, offering solid fundamentals despite short-term price adjustments.
This Chedgrave property market report is compiled using data from the Land Registry, PropertyData, ONS Census data and local market intelligence. It is updated monthly to reflect the latest market conditions.
Data sources: HM Land Registry Price Paid Data (open data), PropertyData.co.uk market analytics, ONS Census 2021, local on-market tracking.
Report generated: July 2026. The Ivybridge Collection. Market intelligence supplied by Property Market Data.
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