8, THE LOKE, STRUMPSHAW, NORWICH, NR13 4NU - £515,000

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

8 THE LOKE is a large detached house of 171m², built sometime between 1983 and 1990. It was last sold for £515,000 in October 2023, which was around 27% above the average October 2023 detached price in the Broadland local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

8 THE LOKE Sold Prices

Land registry data shows five sales for 8 THE LOKE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the five 8 THE 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
2023 13 OCT	£515,000	£406,112	27% above HPI
2013 13 AUG	£355,000	£250,158	42% above HPI
2009 30 JAN	£320,000	£207,304	54% above HPI
2004 9 AUG	£312,000	£215,428	45% above HPI
1998 25 SEP	£136,000	£86,668	57% above HPI

8 THE 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 five 8 THE LOKE sales between September 1998 and October 2023 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 2013 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the October 2023 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 8 THE LOKE?

8 THE LOKE is 171m² according to the EPC inspection conducted in September 2023. This puts it in the largest 40% of detached houses in Strumpshaw, based on EPC data. The below chart shows the distribution of detached houses by size in Strumpshaw, and where 8 THE LOKE lies on this distribution: 60% of detached houses are smaller than 8 THE LOKE, and 38% of houses are larger. Note that EPC data is not available for all properties in Strumpshaw.

8 THE LOKE: Plot and Title Map

8 THE LOKE sits on a plot of roughly 0.190 of an acre, or 769m². The below map shows the location of 8 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 8 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 8 THE LOKE?

8 THE LOKE is located in STRUMPSHAW, in the NR13 postcode district. The below map shows the position of No. 8 on THE LOKE.