Graves Farm Mill Lane

    GRAVES FARM, MILL LANE, WELTON LE MARSH, SPILSBY, PE23 5SY

    This detached freehold property on Mill Lane last sold in May 2022 for £795,000. Based on price growth in the PE23 district since then, its estimated current value is £854,680 — placing it in the 94th percentile nationally and the 99th percentile within PE23. The property covers 272 m² (2,928 sq ft), giving an estimated value of £3,142 per m². The EPC rating is F, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,928 sq ft

    272 m²

    Last Sale Price

    £795,000

    May 2022

    Estimated Valuation

    £854,680

    Est. £/sq ft

    £292/sq ft

    £3,142/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms9
    Main fueloil (not community)
    EPC currentF
    EPC potentialC
    Floor area2,928 sq ft (272 m²)
    EPC dateMar 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    25 May 2022

    £795,000

    Key Metrics

    Estimated valuation£854,680
    Value per sq ft / m²£292/sq ft (£3,142/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE23 district percentile99th percentile
    National percentile94th 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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