Mergate House Marsh Lane

    MERGATE HOUSE, MARSH LANE, BRACON ASH, NORWICH, NR14 8EP

    This detached freehold property on Marsh Lane last sold in March 2020 for £640,000. Based on price growth in the NR14 district since then, its estimated current value is £721,854 — placing it in the 91st percentile nationally and the 95th percentile within NR14. The property covers 223 m² (2,400 sq ft), giving an estimated value of £3,237 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,400 sq ft

    223 m²

    Last Sale Price

    £640,000

    Mar 2020

    Estimated Valuation

    £721,854

    Est. £/sq ft

    £301/sq ft

    £3,237/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms7
    Main fueloil (not community)
    EPC currentE
    EPC potentialB
    Floor area2,400 sq ft (223 m²)
    EPC dateJun 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    23 Mar 2020

    £640,000

    Key Metrics

    Estimated valuation£721,854
    Value per sq ft / m²£301/sq ft (£3,237/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR14 district percentile95th percentile
    National percentile91st percentile

    District Context — NR14

    NR14 covers Loddon and the surrounding villages in south Norfolk, sitting between Norwich and the Suffolk border. It is a predominantly rural and residential area with a notably older demographic and strong owner-occupier character.

    Average Property Price - NR14

    £363,931

    59

    National percentile

    Average Net Household Income - NR14

    £42,192

    67

    National percentile

    10-Year Annualised Price Growth - NR14

    3.4%

    43

    National percentile

    10-Year Annualised Rent Growth - NR

    4.4%

    81

    National percentile

    View full analysis for NR14

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