The Bungalow Mill Lane

    THE BUNGALOW, MILL LANE, NORMANTON ON TRENT, NEWARK, NG23 6RW

    This detached freehold property on Mill Lane last sold in August 2018 for £310,000. Based on price growth in the NG23 district since then, its estimated current value is £408,913 — placing it in the 69th percentile nationally and the 58th percentile within NG23. The property covers 136 m² (1,464 sq ft), giving an estimated value of £3,007 per m². The EPC rating is D, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,464 sq ft

    136 m²

    Last Sale Price

    £310,000

    Aug 2018

    Estimated Valuation

    £408,913

    Est. £/sq ft

    £279/sq ft

    £3,007/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageE
    Habitable rooms7
    Main fueloil (not community)
    EPC currentD
    EPC potentialD
    Floor area1,464 sq ft (136 m²)
    EPC dateOct 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, oil

    Transaction History

    29 Aug 2018

    £310,000

    21 Dec 2005

    £44,537

    5 Apr 2002

    £115,000

    Key Metrics

    Estimated valuation£408,913
    Value per sq ft / m²£279/sq ft (£3,007/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG23 district percentile58th percentile
    National percentile69th 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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