1, PORTERS LOKE, NORWICH, NR7 8UE - £223,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 PORTERS LOKE is a very small extended detached house of 75m², built sometime between 1930 and 1949, which could now be worth an estimated £259,709. It was last sold for £223,000 in March 2021, which was around 39% below the average March 2021 detached price in the Broadland local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

1 PORTERS LOKE Sold Prices

Land registry data shows three sales for 1 PORTERS LOKE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 1 PORTERS LOKE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 26 MAR	£223,000	£363,679	39% below HPI
2013 28 JAN	£125,000	£240,950	48% below HPI
1999 23 AUG	£72,950	£92,241	21% below HPI

1 PORTERS LOKE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three 1 PORTERS LOKE sales between August 1999 and March 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2013 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the March 2021 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 1 PORTERS LOKE be worth now?

1 PORTERS LOKE might now be worth an estimated £259,709.

This is based on house price inflation of 16.5%, between March 2021 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.5% inflationary increase is applied to the most recent sale price for 1 PORTERS LOKE of £223,000 on 26th March 2021. For the value to have increased from £223,000 to £259,709 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 1 PORTERS LOKE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The March 2021 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PORTERS LOKE has not materially changed since March 2021.

How Large is 1 PORTERS LOKE?

1 PORTERS LOKE is 75m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the smallest 20% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 1 PORTERS LOKE lies on this distribution: 13% of detached houses houses are smaller than 1 PORTERS LOKE, and 86% of houses are larger. Note that EPC data is not available for all properties in Norwich.

1 PORTERS LOKE: Plot and Title Map

1 PORTERS LOKE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 1 PORTERS LOKE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 PORTERS LOKE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 PORTERS LOKE?

1 PORTERS LOKE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 1 on PORTERS LOKE.