Chestnuts Standard Road

    CHESTNUTS, STANDARD ROAD, WELLS-NEXT-THE-SEA, NR23 1JU

    This detached freehold property on Standard Road last sold in July 2024 for £655,000. Based on price growth in the NR23 district since then, its estimated current value is £428,618 — placing it in the 71st percentile nationally and the 51st percentile within NR23. The property covers 98 m² (1,055 sq ft), giving an estimated value of £4,374 per m². The EPC rating is F, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,055 sq ft

    98 m²

    Last Sale Price

    £655,000

    Jul 2024

    Estimated Valuation

    £428,618

    Est. £/sq ft

    £406/sq ft

    £4,374/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialC
    Floor area1,055 sq ft (98 m²)
    EPC dateMar 2024
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    31 Jul 2024

    £655,000

    Key Metrics

    Estimated valuation£428,618
    Value per sq ft / m²£406/sq ft (£4,374/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR23 district percentile51st percentile
    National percentile71st 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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