The Bungalow Mill Road

    THE BUNGALOW, MILL ROAD, WELLS-NEXT-THE-SEA, NR23 1DD

    This detached freehold property on Mill Road last sold in March 2023 for £575,000. Based on price growth in the NR23 district since then, its estimated current value is £598,515 — placing it in the 86th percentile nationally and the 79th percentile within NR23. The property covers 121 m² (1,302 sq ft), giving an estimated value of £4,946 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,302 sq ft

    121 m²

    Last Sale Price

    £575,000

    Mar 2023

    Estimated Valuation

    £598,515

    Est. £/sq ft

    £459/sq ft

    £4,946/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,302 sq ft (121 m²)
    EPC dateOct 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Mar 2023

    £575,000

    Key Metrics

    Estimated valuation£598,515
    Value per sq ft / m²£459/sq ft (£4,946/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR23 district percentile79th percentile
    National percentile86th 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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