The Bungalow Chapel Street

    THE BUNGALOW, CHAPEL STREET, WARHAM, WELLS-NEXT-THE-SEA, NR23 1NN

    This detached freehold property on Chapel Street last sold in October 2020 for £387,000. Based on price growth in the NR23 district since then, its estimated current value is £343,122 — placing it in the 58th percentile nationally and the 29th percentile within NR23. The property covers 65 m² (700 sq ft), giving an estimated value of £5,279 per m². The EPC rating is E, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £387,000

    Oct 2020

    Estimated Valuation

    £343,122

    Est. £/sq ft

    £490/sq ft

    £5,279/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fueloil (not community)
    EPC currentE
    EPC potentialA
    Floor area700 sq ft (65 m²)
    EPC dateJun 2020
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    29 Oct 2020

    £387,000

    Key Metrics

    Estimated valuation£343,122
    Value per sq ft / m²£490/sq ft (£5,279/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR23 district percentile29th percentile
    National percentile58th 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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