20 Market Lane

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

    This semi-detached leasehold property on Market Lane last sold in July 2021 for £215,000. Based on price growth in the NR23 district since then, its estimated current value is £214,694 — placing it in the 28th percentile nationally and the 6th percentile within NR23. The property covers 80 m² (861 sq ft), giving an estimated value of £2,684 per m². The EPC rating is B, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £215,000

    Jul 2021

    Estimated Valuation

    £214,694

    Est. £/sq ft

    £249/sq ft

    £2,684/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formNot available
    Construction age2016
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area861 sq ft (80 m²)
    EPC dateJun 2016
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Jul 2021

    £215,000

    12 Dec 2016

    New build

    £135,800

    Key Metrics

    Estimated valuation£214,694
    Value per sq ft / m²£249/sq ft (£2,684/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR23 district percentile6th percentile
    National percentile28th 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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