2, THE LOKE, DITCHINGHAM, BUNGAY, NR35 2QS - £192,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 THE LOKE is a large extended detached house of 117m², built sometime between 1950 and 1966. It was last sold for £192,000 in September 2010, which was around 21% below the average September 2010 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2009, where the current energy rating was F, and the potential energy rating was E.

2 THE LOKE Sold Prices

Land registry data shows two sales for 2 THE 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 THE 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
2010 17 SEP	£192,000	£243,259	21% below HPI
2001 30 MAR	£118,000	£127,317	7% below HPI

2 THE 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 THE LOKE sales from March 2001 and September 2010 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 March 2001 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2010 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 THE LOKE?

2 THE LOKE is 117m², which includes one extension, according to the EPC inspection conducted in December 2009. This puts it in the largest 30% of detached houses in Ditchingham, based on EPC data. The below chart shows the distribution of detached houses by size in Ditchingham, and where 2 THE LOKE lies on this distribution: 78% of detached houses are smaller than 2 THE LOKE, and 21% of houses are larger. Note that EPC data is not available for all properties in Ditchingham.

2 THE LOKE: Plot and Title Map

2 THE LOKE sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 2 THE 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 THE 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 THE LOKE?

2 THE LOKE is located in DITCHINGHAM, in the NR35 postcode district. The below map shows the position of No. 2 on THE LOKE.