Mermaid Cottage Jolly Sailor Yard

    MERMAID COTTAGE, JOLLY SAILOR YARD, WELLS-NEXT-THE-SEA, NR23 1LA

    This terraced freehold property on Jolly Sailor Yard last sold in March 2025 for £250,000. Based on price growth in the NR23 district since then, its estimated current value is £250,000 — placing it in the 37th percentile nationally and the 10th percentile within NR23. The property covers 40 m² (431 sq ft), giving an estimated value of £6,250 per m². The EPC rating is F, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    431 sq ft

    40 m²

    Last Sale Price

    £250,000

    Mar 2025

    Estimated Valuation

    £250,000

    Est. £/sq ft

    £581/sq ft

    £6,250/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialB
    Floor area431 sq ft (40 m²)
    EPC dateMar 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, mains gas

    Transaction History

    31 Mar 2025

    £250,000

    12 Sept 2003

    £59,950

    Key Metrics

    Estimated valuation£250,000
    Value per sq ft / m²£581/sq ft (£6,250/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR23 district percentile10th percentile
    National percentile37th 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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