15 Market Lane

    15, MARKET LANE, WELLS-NEXT-THE-SEA, NR23 1HJ

    This semi-detached freehold property on Market Lane last sold in April 2015 for £385,000. Based on price growth in the NR23 district since then, its estimated current value is £583,783 — placing it in the 85th percentile nationally and the 77th percentile within NR23. The property covers 119 m² (1,281 sq ft), giving an estimated value of £4,906 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,281 sq ft

    119 m²

    Last Sale Price

    £385,000

    Apr 2015

    Estimated Valuation

    £583,783

    Est. £/sq ft

    £456/sq ft

    £4,906/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,281 sq ft (119 m²)
    EPC dateJun 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Apr 2015

    £385,000

    Key Metrics

    Estimated valuation£583,783
    Value per sq ft / m²£456/sq ft (£4,906/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR23 district percentile77th percentile
    National percentile85th 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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