Oaklands Cottage Lugs Lane

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

    This detached freehold property on Lugs Lane last sold in April 2006 for £342,000. Based on price growth in the NR35 district since then, its estimated current value is £500,129 — placing it in the 79th percentile nationally and the 90th percentile within NR35. The property covers 175 m² (1,884 sq ft), giving an estimated value of £2,858 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    175 m²

    (1,884 sq ft)

    Last Sale Price

    £342,000

    Apr 2006

    Estimated Valuation

    £500,129

    Est. £/m²

    £2,858/m²

    £266/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms7
    Main fuelLPG (not community)
    EPC currentE
    EPC potentialC
    Floor area175 m² (1,884 sq ft)
    EPC dateNov 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, LPG

    Transaction History

    13 Apr 2006

    £342,000

    31 May 2002

    £225,000

    14 Nov 1997

    £113,000

    Key Metrics

    Estimated valuation£500,129
    Value per m² / sq ft£2,858/m² (£266/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR35 district percentile90th percentile
    National percentile79th 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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