Bases Lane - NR23 1BU
Key Postcode Insights
NR23 1BU is a residential postcode situated on Bases Lane, Wells-Next-The-Sea, NR23 with 13 addresses.
It ranks as the 728th largest and 227th most expensive of the 1,040 postcodes in the NR23 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 13 properties: 13 houses.
- Ave. Sale Price
- £223,711
- 10 Year change
- up 31.9%
- Ave. Rental Price
- £887pcm
- 10 Year change
- up 58.1%
- Ave. £ per ft²
- £340/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
NR23 1BU is a residential postcode situated on Bases Lane, Wells-Next-The-Sea, NR23 with 13 addresses.
It ranks as the 728th largest and 227th most expensive of the 1,040 postcodes in the NR23 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 13 properties: 13 houses.
- Ave. Sale Price
- £223,711
- 10 Year change
- up 31.9%
- Ave. Rental Price
- £887pcm
- 10 Year change
- up 58.1%
- Ave. £ per ft²
- £340/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin NR23 1BU
- 18 Bases Lane
2 Bed Period House
- 20 Bases Lane
2 Bed Period House
- 22 Bases Lane
2 Bed Mid-century House
- 24 Bases Lane
3 Bed Period House
- 26 Bases Lane
2 Bed Period House
Sales Market Trends
The last sale in NR23 1BU sold for £160,000 on 5th November 2015. Since then prices are up an average of 36.8%.
The current average value in the postcode is £223,711.
The NR23 1BU Sales Market has increased by 31.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.9% | £223,711 |
| June 2025 | -0.5% | £232,700 |
| June 2024 | -2.9% | £233,935 |
| June 2023 | -1% | £240,825 |
| June 2022 | 11.6% | £243,348 |
| June 2021 | 10.5% | £217,997 |
| June 2020 | 3.9% | £197,239 |
| June 2019 | 0.3% | £189,808 |
| June 2018 | 6.3% | £189,207 |
| June 2017 | 5% | £178,049 |
| June 2016 | 6.8% | £169,613 |
| June 2015 | 6.9% | £158,797 |
| June 2014 | 3.2% | £148,544 |
| June 2013 | 0.5% | £143,938 |
| June 2012 | 2.8% | £143,250 |
| June 2011 | -1.3% | £139,395 |
| June 2010 | 7.7% | £141,212 |
| June 2009 | -8% | £131,076 |
| June 2008 | -1% | £142,499 |
| June 2007 | 0% | £143,905 |
Rental Market Trends
The current average rental value in the postcode is £887.
The NR23 1BU Rental Market has increased by 58.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £887pcm |
| June 2025 | 6.8% | £863pcm |
| June 2024 | 4.4% | £808pcm |
| June 2023 | 4.9% | £774pcm |
| June 2022 | 11.2% | £738pcm |
| June 2021 | 8.8% | £664pcm |
| June 2020 | 4.3% | £610pcm |
| June 2019 | 1% | £585pcm |
| June 2018 | 0.1% | £579pcm |
| June 2017 | 3.1% | £579pcm |
| June 2016 | 6.4% | £561pcm |
| June 2015 | 3.7% | £528pcm |
| June 2014 | 1.6% | £509pcm |
| June 2013 | 2.5% | £501pcm |
| June 2012 | 0.6% | £488pcm |
| June 2011 | 0.3% | £485pcm |
| June 2010 | 6.4% | £484pcm |
| June 2009 | -4.5% | £455pcm |
| June 2008 | 4.2% | £476pcm |
| June 2007 | 0% | £457pcm |
Sales History
The last sale was on 5th November 2015 for £160,000 and since then the market in the area has increased by 36.8%. The postcode has had a total of 4 sales since 1995.
NR23 1BU has seen no sales in the last three years and no sales in the last twelve months.
- Sold Nov 2015£160,000 | 2 Bed House28, Bases Lane, Wells-Next-The-Sea, NR23 1BU28, Bases Lane, Wells-Next-The-Sea, NR23 1BU
- Sold Sep 2014£162,500 | 2 Bed House22, Bases Lane, Wells-Next-The-Sea, NR23 1BU22, Bases Lane, Wells-Next-The-Sea, NR23 1BU
- Sold Oct 2010£125,000 | 2 Bed House28, Bases Lane, Wells-Next-The-Sea, NR23 1BU28, Bases Lane, Wells-Next-The-Sea, NR23 1BU
- Sold Oct 2010£107,000 | 2 Bed House28, Bases Lane, Wells-Next-The-Sea, NR23 1BU28, Bases Lane, Wells-Next-The-Sea, NR23 1BU
Nearby Postcodes
NR23 1BU is the 728th largest and the 227th most expensive postcode out of the 1,040 postcodes in the NR23 area.
- NR23 1BT, Bases Lane, Wells-Next-The-Sea, NR23NR23 1BT9 Addresses|57 m away
- NR23 1DE, Temple Court, Wells-Next-The-Sea, NR23NR23 1DE4 Addresses|71 m away
- NR23 1BY, Westfield Avenue, Wells-Next-The-Sea, NR23NR23 1BY28 Addresses|77 m away
- NR23 1BX, Russell Close, Wells-Next-The-Sea, NR23NR23 1BX20 Addresses|87 m away
- NR23 1DA, Laylands Yard, Wells-Next-The-Sea, NR23NR23 1DA5 Addresses|98 m away
Property Types
- 6 period houses built between 1800 and 1911
- 4 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 2 other addresses of unknown type
- period house (6)
- modern house (4)
- mid-century house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (9)
- G (0)
- D (2)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Oct 2009£785,000 | 5 Bed House4, Bases Lane, Wells-Next-The-Sea, NR23 1DH4, Bases Lane, Wells-Next-The-Sea, NR23 1DH
- Sold Jul 2024£575,000 | 3 Bed House12, Bases Lane, Wells-Next-The-Sea, NR23 1BT12, Bases Lane, Wells-Next-The-Sea, NR23 1BT
- Sold Sep 2018£520,000 | 4 Bed House8, Bases Lane, Wells-Next-The-Sea, NR23 1DH8, Bases Lane, Wells-Next-The-Sea, NR23 1DH
Schools Nearby
- Wells-Next-the-Sea Primary and Nursery School1.1 km away
- Walsingham CE VA Primary School6.9 km away
- Burnham Market Primary and Nursery School7.4 km away
- Alderman Peel High School1.0 km away
- Fakenham Academy12.9 km away
- Smithdon High School23.4 km away
More reading links
Public Transport Nearby
The closest station to NR23 1BU is Sheringham station, which is 24.7 kilometres away.
- Sheringham|24.7 km away
- West Runton|27.0 km away
- Cromer|30.2 km away
- Roughton Road|30.8 km away
