Farm Cottage Lugs Lane

    FARM COTTAGE, LUGS LANE, BROOME, BUNGAY, NR35 2HT

    This detached freehold property on Lugs Lane last sold in September 2014 for £383,000. Based on price growth in the NR35 district since then, its estimated current value is £512,677 — placing it in the 80th percentile nationally and the 91st percentile within NR35. The property covers 176 m² (1,894 sq ft), giving an estimated value of £2,913 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    176 m²

    (1,894 sq ft)

    Last Sale Price

    £383,000

    Sept 2014

    Estimated Valuation

    £512,677

    Est. £/m²

    £2,913/m²

    £271/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms8
    Main fueloil (not community)
    EPC currentE
    EPC potentialB
    Floor area176 m² (1,894 sq ft)
    EPC dateSept 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    24 Sept 2014

    £383,000

    18 Aug 1997

    £128,000

    Key Metrics

    Estimated valuation£512,677
    Value per m² / sq ft£2,913/m² (£271/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR35 district percentile91st percentile
    National percentile80th percentile

    District Context — NR35

    NR35 covers the area around Great Yarmouth and Gorleston-on-Sea in Norfolk, sitting on the east coast of England. It is a seaside community with a mix of residential neighbourhoods, retail centres, and seafront appeal.

    Average Property Price - NR35

    £307,534

    44

    National percentile

    Average Net Household Income - NR35

    £37,524

    47

    National percentile

    10-Year Annualised Price Growth - NR35

    3.7%

    56

    National percentile

    10-Year Annualised Rent Growth - NR

    4.4%

    81

    National percentile

    View full analysis for NR35

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