The Bungalow Mill Lane

    THE BUNGALOW, MILL LANE, WELTON LE MARSH, SPILSBY, PE23 5SY

    This detached freehold property on Mill Lane last sold in April 2019 for £166,000. Based on price growth in the PE23 district since then, its estimated current value is £201,970 — placing it in the 25th percentile nationally and the 36th percentile within PE23. The property covers 107 m² (1,152 sq ft), giving an estimated value of £1,888 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,152 sq ft

    107 m²

    Last Sale Price

    £166,000

    Apr 2019

    Estimated Valuation

    £201,970

    Est. £/sq ft

    £175/sq ft

    £1,888/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fueloil (not community)
    EPC currentD
    EPC potentialC
    Floor area1,152 sq ft (107 m²)
    EPC dateAug 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, oil

    Transaction History

    3 Apr 2019

    £166,000

    7 Aug 1997

    £57,000

    Key Metrics

    Estimated valuation£201,970
    Value per sq ft / m²£175/sq ft (£1,888/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE23 district percentile36th percentile
    National percentile25th percentile

    District Context — PE23

    PE23 covers the area around Hunstanton and surrounding villages on the north Norfolk coast. It is a predominantly rural and coastal district with a long-established character centred on leisure and retirement.

    Average Property Price - PE23

    £276,895

    35

    National percentile

    Average Net Household Income - PE23

    £33,140

    20

    National percentile

    10-Year Annualised Price Growth - PE23

    4.1%

    69

    National percentile

    10-Year Annualised Rent Growth - PE

    4.2%

    68

    National percentile

    View full analysis for PE23

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