Well Fleet Cottage Red Lion Yard

    WELL FLEET COTTAGE, RED LION YARD, WELLS-NEXT-THE-SEA, NR23 1AX

    This terraced freehold property on Red Lion Yard last sold in January 2024 for £440,000. Based on price growth in the NR23 district since then, its estimated current value is £348,625 — placing it in the 59th percentile nationally and the 30th percentile within NR23. The property covers 95 m² (1,023 sq ft), giving an estimated value of £3,670 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,023 sq ft

    95 m²

    Last Sale Price

    £440,000

    Jan 2024

    Estimated Valuation

    £348,625

    Est. £/sq ft

    £341/sq ft

    £3,670/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area1,023 sq ft (95 m²)
    EPC dateAug 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Jan 2024

    £440,000

    Key Metrics

    Estimated valuation£348,625
    Value per sq ft / m²£341/sq ft (£3,670/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR23 district percentile30th percentile
    National percentile59th 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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