2, OLD MILL LOKE, HIGH STREET, LODDON, NORWICH, NR14 6AH - £392,000

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.

2 OLD MILL LOKE is a small detached house of 106m², built sometime between 1983 and 1990, which could now be worth an estimated £488,333. It was last sold for £392,000 in December 2019, which was around 11% above the average December 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

2 OLD MILL LOKE Sold Prices

Land registry data shows two sales for 2 OLD MILL LOKE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 2 OLD MILL LOKE sales were for above 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
2019 17 DEC	£392,000	£353,278	11% above HPI
2014 9 MAY	£290,000	£261,720	11% above HPI

2 OLD MILL LOKE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 2 OLD MILL LOKE sales from May 2014 and December 2019 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 May 2014 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the December 2019 sale, which was also at 11% above the HPI.

What might 2 OLD MILL LOKE be worth now?

2 OLD MILL LOKE might now be worth an estimated £488,333.

This is based on house price inflation of 24.6%, between December 2019 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.6% inflationary increase is applied to the most recent sale price for 2 OLD MILL LOKE of £392,000 on 17th December 2019. For the value to have increased from £392,000 to £488,333 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 OLD MILL LOKE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The December 2019 sale price of £392,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OLD MILL LOKE has not materially changed since December 2019.

How Large is 2 OLD MILL LOKE?

2 OLD MILL LOKE is 106m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 30% of detached houses houses in Loddon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loddon, and where 2 OLD MILL LOKE lies on this distribution: 28% of detached houses houses are smaller than 2 OLD MILL LOKE, and 71% of houses are larger. Note that EPC data is not available for all properties in Loddon.

2 OLD MILL LOKE: Plot and Title Map

2 OLD MILL LOKE sits on a plot of roughly 0.221 of an acre, or 894m². The below map shows the location of 2 OLD MILL 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 2 OLD MILL 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 2 OLD MILL LOKE?

2 OLD MILL LOKE is located on HIGH STREET in LODDON, in the NR14 postcode district. The below map shows the position of 2 OLD MILL LOKE on HIGH STREET.