Grosmont Norwell Lane

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

    This detached freehold property on Norwell Lane last sold in April 2018 for £265,000. Based on price growth in the NG23 district since then, its estimated current value is £349,554 — placing it in the 59th percentile nationally and the 46th percentile within NG23. The property covers 112 m² (1,206 sq ft), giving an estimated value of £3,121 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,206 sq ft

    112 m²

    Last Sale Price

    £265,000

    Apr 2018

    Estimated Valuation

    £349,554

    Est. £/sq ft

    £290/sq ft

    £3,121/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms6
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area1,206 sq ft (112 m²)
    EPC dateJun 2014
    WallsCavity wall, filled cavity
    HeatingAir source heat pump, radiators, electric

    Transaction History

    17 Apr 2018

    £265,000

    30 Oct 2015

    £236,500

    30 Oct 2009

    £215,000

    Key Metrics

    Estimated valuation£349,554
    Value per sq ft / m²£290/sq ft (£3,121/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG23 district percentile46th percentile
    National percentile59th 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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