Craigower Norwell Lane

    CRAIGOWER, NORWELL LANE, CROMWELL, NEWARK, NG23 6JQ

    This detached freehold property on Norwell Lane last sold in January 1996 for £50,000. Based on price growth in the NG23 district since then, its estimated current value is £245,499 — placing it in the 36th percentile nationally and the 22nd percentile within NG23. The property covers 114 m² (1,227 sq ft), giving an estimated value of £2,154 per m². The EPC rating is F, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,227 sq ft

    114 m²

    Last Sale Price

    £50,000

    Jan 1996

    Estimated Valuation

    £245,499

    Est. £/sq ft

    £200/sq ft

    £2,154/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fueloil (not community)
    EPC currentF
    EPC potentialA
    Floor area1,227 sq ft (114 m²)
    EPC dateJun 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, oil

    Transaction History

    9 Jan 1996

    £50,000

    Key Metrics

    Estimated valuation£245,499
    Value per sq ft / m²£200/sq ft (£2,154/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG23 district percentile22nd percentile
    National percentile36th percentile

    District Context — NG23

    NG23 covers parts of the East Midlands, centring on areas around the Nottinghamshire coalfield region. It is a mature, relatively affordable area with a character shaped by post-industrial heritage and established residential communities.

    Average Property Price - NG23

    £386,837

    64

    National percentile

    Average Net Household Income - NG23

    £43,543

    71

    National percentile

    10-Year Annualised Price Growth - NG23

    4.3%

    76

    National percentile

    10-Year Annualised Rent Growth - NG

    4.7%

    87

    National percentile

    View full analysis for NG23

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