LOKE HOUSE, HAPPISBURGH ROAD, NORTH WALSHAM, NR28 9HD - £500,000

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

LOKE HOUSE is a very large extended detached house of 202m², built sometime between 2003 and 2006. It was last sold for £500,000 in January 2020, which was around 42% above the average January 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

LOKE HOUSE Sold Prices

Land registry data shows three sales for LOKE HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three LOKE HOUSE 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
2020 14 JAN	£500,000	£351,881	42% above HPI
2015 2 JUL	£420,000	£281,901	49% above HPI
2013 8 NOV	£375,000	£251,526	49% above HPI

LOKE HOUSE 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 three LOKE HOUSE sales between November 2013 and January 2020 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 July 2015 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the January 2020 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is LOKE HOUSE?

LOKE HOUSE is 202m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the largest 10% of detached houses in North Walsham, based on EPC data. The below chart shows the distribution of detached houses by size in North Walsham, and where LOKE HOUSE lies on this distribution: 97% of detached houses are smaller than LOKE HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

LOKE HOUSE: Plot and Title Map

LOKE HOUSE sits on a plot of roughly 0.294 of an acre, or 1,188m². The below map shows the location of LOKE HOUSE, 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 LOKE HOUSE). 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 LOKE HOUSE?

LOKE HOUSE is located on HAPPISBURGH ROAD in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of LOKE HOUSE on HAPPISBURGH ROAD.