Somerville Meadow Lane

    SOMERVILLE, MEADOW LANE, CARBROOKE, THETFORD, IP25 6YR

    This detached freehold property on Meadow Lane last sold in June 2021 for £466,000. Based on price growth in the IP25 district since then, its estimated current value is £492,750 — placing it in the 78th percentile nationally and the 93rd percentile within IP25. The property covers 207 m² (2,228 sq ft), giving an estimated value of £2,380 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,228 sq ft

    207 m²

    Last Sale Price

    £466,000

    Jun 2021

    Estimated Valuation

    £492,750

    Est. £/sq ft

    £221/sq ft

    £2,380/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms7
    Main fueloil (not community)
    EPC currentC
    EPC potentialB
    Floor area2,228 sq ft (207 m²)
    EPC dateMar 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    30 Jun 2021

    £466,000

    Key Metrics

    Estimated valuation£492,750
    Value per sq ft / m²£221/sq ft (£2,380/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP25 district percentile93rd percentile
    National percentile78th percentile

    District Context — IP25

    IP25 covers rural central Norfolk, situated between Norwich and King's Lynn in the heart of the county. The district is characterised by countryside villages and small market towns, appealing to those seeking a quieter, agricultural setting.

    Average Property Price - IP25

    £272,049

    34

    National percentile

    Average Net Household Income - IP25

    £36,052

    38

    National percentile

    10-Year Annualised Price Growth - IP25

    3.3%

    40

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP25

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