2, WEAVERS LOKE, TUNSTEAD, NORWICH, NR12 8AN - £220,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 WEAVERS LOKE is a small detached house of 84m², built sometime between 1991 and 1995. It was last sold for £220,000 in April 2016, which was around 26% below the average April 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

2 WEAVERS LOKE Sold Prices

Land registry data shows six sales for 2 WEAVERS LOKE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the six 2 WEAVERS 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
2016 4 APR	£220,000	£299,128	26% below HPI
2013 20 FEB	£175,000	£238,584	27% below HPI
2011 13 DEC	£168,500	£239,019	30% below HPI
2007 20 JUL	£208,000	£244,032	15% below HPI
2000 15 DEC	£88,500	£109,249	19% below HPI
1997 2 SEP	£65,000	£75,402	14% below HPI

2 WEAVERS LOKE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The six 2 WEAVERS LOKE sales between September 1997 and April 2016 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 February 2013 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2016 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 WEAVERS LOKE?

2 WEAVERS LOKE is 84m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 40% of detached houses in Tunstead, based on EPC data. The below chart shows the distribution of detached houses by size in Tunstead, and where 2 WEAVERS LOKE lies on this distribution: 39% of detached houses are smaller than 2 WEAVERS LOKE, and 61% of houses are larger. Note that EPC data is not available for all properties in Tunstead.

2 WEAVERS LOKE: Plot and Title Map

2 WEAVERS LOKE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 2 WEAVERS 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 WEAVERS 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 WEAVERS LOKE?

2 WEAVERS LOKE is located in TUNSTEAD, in the NR12 postcode district. The below map shows the position of No. 2 on WEAVERS LOKE.