Cherry Tree Cottage Gormans Lane

    CHERRY TREE COTTAGE, GORMANS LANE, COLKIRK, FAKENHAM, NR21 7NP

    This detached freehold property on Gormans Lane last sold in May 2022 for £340,000. Based on price growth in the NR21 district since then, its estimated current value is £330,771 — placing it in the 56th percentile nationally and the 65th percentile within NR21. The property covers 107 m² (1,152 sq ft), giving an estimated value of £3,091 per m². The EPC rating is F, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,152 sq ft

    107 m²

    Last Sale Price

    £340,000

    May 2022

    Estimated Valuation

    £330,771

    Est. £/sq ft

    £287/sq ft

    £3,091/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fueloil (not community)
    EPC currentF
    EPC potentialD
    Floor area1,152 sq ft (107 m²)
    EPC dateNov 2021
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    10 May 2022

    £340,000

    31 Jan 2003

    £165,000

    10 Dec 1999

    £78,950

    Key Metrics

    Estimated valuation£330,771
    Value per sq ft / m²£287/sq ft (£3,091/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR21 district percentile65th percentile
    National percentile56th percentile

    District Context — NR21

    NR21 covers the coastal and rural areas around Walsingham and Wells-next-the-Sea in north Norfolk, located in East Anglia. The district blends historic market towns, agricultural land, and seaside charm with a notably mature, settled population.

    Average Property Price - NR21

    £319,517

    48

    National percentile

    Average Net Household Income - NR21

    £35,636

    35

    National percentile

    10-Year Annualised Price Growth - NR21

    3.7%

    54

    National percentile

    10-Year Annualised Rent Growth - NR

    4.4%

    81

    National percentile

    View full analysis for NR21

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