3, DRAKES LOKE, BUXTON, NORWICH, NR10 5HU - £343,000

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.

3 DRAKES LOKE is a large detached house of 161m², built sometime between 1991 and 1995, which could now be worth an estimated £533,790. It was last sold for £343,000 in October 2014, which was around 26% above the average October 2014 detached price in the Broadland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

3 DRAKES LOKE Sold Prices

Land registry data shows two sales for 3 DRAKES 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 Broadland local authority area for the corresponding sale date. Both of the two 3 DRAKES 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
2014 3 OCT	£343,000	£272,160	26% above HPI
2011 5 SEP	£270,000	£239,294	13% above HPI

3 DRAKES 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 two 3 DRAKES LOKE sales from September 2011 and October 2014 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 2011 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2014 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 3 DRAKES LOKE be worth now?

3 DRAKES LOKE might now be worth an estimated £533,790.

This is based on house price inflation of 55.6%, between October 2014 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 55.6% inflationary increase is applied to the most recent sale price for 3 DRAKES LOKE of £343,000 on 3rd October 2014. For the value to have increased from £343,000 to £533,790 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 DRAKES LOKE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The October 2014 sale price of £343,000 represented a fair market value for the property.
• The size, condition, and specification of 3 DRAKES LOKE has not materially changed since October 2014.

How Large is 3 DRAKES LOKE?

3 DRAKES LOKE is 161m² according to the EPC inspection conducted in April 2014. This puts it in the largest 30% of detached houses houses in Buxton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Buxton, and where 3 DRAKES LOKE lies on this distribution: 79% of detached houses houses are smaller than 3 DRAKES LOKE, and 21% of houses are larger. Note that EPC data is not available for all properties in Buxton.

3 DRAKES LOKE: Plot and Title Map

3 DRAKES LOKE sits on a plot of roughly 0.193 of an acre, or 780m². The below map shows the location of 3 DRAKES 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 3 DRAKES 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 3 DRAKES LOKE?

3 DRAKES LOKE is located in BUXTON, in the NR10 postcode district. The below map shows the position of No. 3 on DRAKES LOKE.