23 Knitting Needle Lane

    23, KNITTING NEEDLE LANE, WELLS-NEXT-THE-SEA, WELLS-NEXT-THE-SEA, NR23 1LN

    This flat/maisonette freehold property on Knitting Needle Lane last sold in December 2007 for £87,000. Based on price growth in the NR23 district since then, its estimated current value is £184,535 — placing it in the 20th percentile nationally and the 3rd percentile within NR23. The property covers 100 m² (1,076 sq ft), giving an estimated value of £1,845 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    1,076 sq ft

    100 m²

    Last Sale Price

    £87,000

    Dec 2007

    Estimated Valuation

    £184,535

    Est. £/sq ft

    £171/sq ft

    £1,845/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,076 sq ft (100 m²)
    EPC dateDec 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Dec 2007

    £87,000

    Key Metrics

    Estimated valuation£184,535
    Value per sq ft / m²£171/sq ft (£1,845/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR23 district percentile3rd percentile
    National percentile20th 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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