2 Shrublands

    2, SHRUBLANDS, WELLS-NEXT-THE-SEA, NR23 1PU

    This detached freehold property on Shrublands last sold in March 2014 for £475,000. Based on price growth in the NR23 district since then, its estimated current value is £616,901 — placing it in the 87th percentile nationally and the 82nd percentile within NR23. The property covers 168 m² (1,808 sq ft), giving an estimated value of £3,672 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,808 sq ft

    168 m²

    Last Sale Price

    £475,000

    Mar 2014

    Estimated Valuation

    £616,901

    Est. £/sq ft

    £341/sq ft

    £3,672/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms10
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,808 sq ft (168 m²)
    EPC dateApr 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Mar 2014

    £475,000

    7 Nov 2002

    £275,000

    14 Aug 2001

    New build

    £175,000

    Key Metrics

    Estimated valuation£616,901
    Value per sq ft / m²£341/sq ft (£3,672/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR23 district percentile82nd percentile
    National percentile87th 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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