2 Vale Cottages Pits Lane

    2 VALE COTTAGES, PITS LANE, CHEDGRAVE, NORWICH, NR14 6NQ

    This terraced freehold property on Pits Lane last sold in October 2017 for £195,000. Based on price growth in the NR14 district since then, its estimated current value is £235,640 — placing it in the 34th percentile nationally and the 20th percentile within NR14. The property covers 64 m² (689 sq ft), giving an estimated value of £3,682 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £195,000

    Oct 2017

    Estimated Valuation

    £235,640

    Est. £/sq ft

    £342/sq ft

    £3,682/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area689 sq ft (64 m²)
    EPC dateOct 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Oct 2017

    £195,000

    24 Mar 2016

    £170,000

    17 Sept 2004

    £125,000

    5 Jun 1998

    £52,000

    Key Metrics

    Estimated valuation£235,640
    Value per sq ft / m²£342/sq ft (£3,682/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR14 district percentile20th percentile
    National percentile34th 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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