2, SMOCK MILL LOKE, WYMONDHAM, NR18 0PG - £345,000

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 SMOCK MILL LOKE is a small detached house of 84m², built sometime between 1983 and 1990, which could now be worth an estimated £438,318. It was last sold for £345,000 in July 2018, which was about the average July 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

2 SMOCK MILL LOKE Sold Prices

Land registry data shows three sales for 2 SMOCK MILL 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 South Norfolk local authority area for the corresponding sale date. The three 2 SMOCK MILL LOKE sales were a mix of roughly equal to the average price, and 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
2018 25 JUL	£345,000	£346,399	Close to HPI
2017 1 SEP	£330,000	£336,955	2% below HPI
2003 1 OCT	£165,000	£205,615	20% below HPI

2 SMOCK 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 three 2 SMOCK MILL LOKE sales between October 2003 and July 2018 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 September 2017 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2018 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 2 SMOCK MILL LOKE be worth now?

2 SMOCK MILL LOKE might now be worth an estimated £438,318.

This is based on house price inflation of 27%, between July 2018 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 27% inflationary increase is applied to the most recent sale price for 2 SMOCK MILL LOKE of £345,000 on 25th July 2018. For the value to have increased from £345,000 to £438,318 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 2 SMOCK MILL LOKE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The July 2018 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SMOCK MILL LOKE has not materially changed since July 2018.

How Large is 2 SMOCK MILL LOKE?

2 SMOCK MILL LOKE is 84m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% of detached houses houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wymondham, and where 2 SMOCK MILL LOKE lies on this distribution: 23% of detached houses houses are smaller than 2 SMOCK MILL LOKE, and 76% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

2 SMOCK MILL LOKE: Plot and Title Map

2 SMOCK MILL LOKE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 2 SMOCK 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 SMOCK 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 SMOCK MILL LOKE?

2 SMOCK MILL LOKE is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 2 on SMOCK MILL LOKE.