5, THE LOKE, CRINGLEFORD, NORWICH, NR4 6XA - £453,000

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

5 THE LOKE is a very large extended semi-detached house of 204m², built sometime between 1996 and 2002. It was last sold for £453,000 in March 2012, which was around 100% above the average March 2012 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

5 THE LOKE Sold Prices

Land registry data shows two sales for 5 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. One of the two 5 THE LOKE sales was for above the average price, whilst the other was 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
2012 19 MAR	£453,000	£226,302	100% above HPI
2000 25 AUG	£92,000	£115,399	20% below HPI

5 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 5 THE LOKE sales from August 2000 and March 2012 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 August 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2012 sale, where it rises to 100% above the HPI. The line then continues to track at 100% above the HPI.

How Large is 5 THE LOKE?

5 THE LOKE is 204m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 10% of detached houses in Cringleford, based on EPC data. The below chart shows the distribution of detached houses by size in Cringleford, and where 5 THE LOKE lies on this distribution: 90% of detached houses are smaller than 5 THE LOKE, and 10% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

5 THE LOKE: Plot and Title Map

5 THE LOKE sits on a plot of roughly 0.164 of an acre, or 662m². The below map shows the location of 5 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 5 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 5 THE LOKE?

5 THE LOKE is located in CRINGLEFORD, in the NR4 postcode district. The below map shows the position of No. 5 on THE LOKE.