Southlands Norwell Lane

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

    This detached freehold property on Norwell Lane last sold in August 2016 for £215,000. Based on price growth in the NG23 district since then, its estimated current value is £308,296 — placing it in the 51st percentile nationally and the 36th percentile within NG23. The property covers 88 m² (947 sq ft), giving an estimated value of £3,503 per m². The EPC rating is F, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    947 sq ft

    88 m²

    Last Sale Price

    £215,000

    Aug 2016

    Estimated Valuation

    £308,296

    Est. £/sq ft

    £325/sq ft

    £3,503/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelbottled LPG
    EPC currentF
    EPC potentialB
    Floor area947 sq ft (88 m²)
    EPC dateApr 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, bottled LPG

    Transaction History

    5 Aug 2016

    £215,000

    21 Sept 2000

    £98,000

    Key Metrics

    Estimated valuation£308,296
    Value per sq ft / m²£325/sq ft (£3,503/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG23 district percentile36th percentile
    National percentile51st 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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