8 Marsh Lane

    8, MARSH LANE, WELLS-NEXT-THE-SEA, NR23 1EG

    This terraced freehold property on Marsh Lane last sold in November 2016 for £300,000. Based on price growth in the NR23 district since then, its estimated current value is £349,815 — placing it in the 59th percentile nationally and the 31st percentile within NR23. The property covers 65 m² (700 sq ft), giving an estimated value of £5,382 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £300,000

    Nov 2016

    Estimated Valuation

    £349,815

    Est. £/sq ft

    £500/sq ft

    £5,382/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area700 sq ft (65 m²)
    EPC dateSept 2016
    WallsSandstone or limestone, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Nov 2016

    £300,000

    7 Apr 2006

    £215,000

    Key Metrics

    Estimated valuation£349,815
    Value per sq ft / m²£500/sq ft (£5,382/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR23 district percentile31st percentile
    National percentile59th percentile

    District Context — NR23

    NR23 covers the rural areas around Wells-next-the-Sea and Burnham Market in north Norfolk, close to the Norfolk Coast Area of Outstanding Natural Beauty. It is a quieter, post-retirement destination with strong appeal to older buyers seeking countryside living and coastal access.

    Average Property Price - NR23

    £477,953

    78

    National percentile

    Average Net Household Income - NR23

    £38,008

    49

    National percentile

    10-Year Annualised Price Growth - NR23

    2.2%

    12

    National percentile

    10-Year Annualised Rent Growth - NR

    4.4%

    81

    National percentile

    View full analysis for NR23

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