Penlamb Norwell Lane

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

    This detached freehold property on Norwell Lane last sold in October 2015 for £192,500. Based on price growth in the NG23 district since then, its estimated current value is £298,425 — placing it in the 49th percentile nationally and the 34th percentile within NG23. The property covers 93 m² (1,001 sq ft), giving an estimated value of £3,209 per m². The EPC rating is E, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,001 sq ft

    93 m²

    Last Sale Price

    £192,500

    Oct 2015

    Estimated Valuation

    £298,425

    Est. £/sq ft

    £298/sq ft

    £3,209/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialA
    Floor area1,001 sq ft (93 m²)
    EPC dateMay 2015
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    16 Oct 2015

    £192,500

    Key Metrics

    Estimated valuation£298,425
    Value per sq ft / m²£298/sq ft (£3,209/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG23 district percentile34th percentile
    National percentile49th 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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