1, MILL LOKE, HORNING, NORWICH, NR12 8AE - £315,000

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.

1 MILL LOKE is a very small terraced house of 79m², built sometime between 1976 and 1982, which could now be worth an estimated £309,989. It was last sold for £315,000 in November 2024, which was around 36% above the average November 2024 terraced price in the North Norfolk local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

1 MILL LOKE Sold Prices

Land registry data shows four sales for 1 MILL LOKE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the North Norfolk local authority area for the corresponding sale date. All of the four 1 MILL 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
2024 29 NOV	£315,000	£231,139	36% above HPI
2017 25 AUG	£222,500	£184,192	21% above HPI
2012 14 SEP	£170,000	£135,167	26% above HPI
2002 25 JUN	£90,000	£82,690	9% above HPI

1 MILL LOKE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Norfolk local authority area over time, sourced from the HPI. The four 1 MILL LOKE sales between June 2002 and November 2024 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 2017 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the November 2024 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 1 MILL LOKE be worth now?

1 MILL LOKE might now be worth an estimated £309,989.

This is based on house price deflation of 1.6%, between November 2024 and May 2026, for terraced houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.6% deflationary decrease is applied to the most recent sale price for 1 MILL LOKE of £315,000 on 29th November 2024. For the value to have decreased from £315,000 to £309,989 over the two years and six months to May 2026, the following assumptions must hold true:

• The value of 1 MILL LOKE has moved in line with the HPI for terraced houses in the North Norfolk local authority area.
• The November 2024 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MILL LOKE has not materially changed since November 2024.

How Large is 1 MILL LOKE?

1 MILL LOKE is 79m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 20% of terraced houses houses in Horning, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Horning, and where 1 MILL LOKE lies on this distribution: 12% of terraced houses houses are smaller than 1 MILL LOKE, and 87% of houses are larger. Note that EPC data is not available for all properties in Horning.

1 MILL LOKE: Plot and Title Map

1 MILL LOKE sits on a plot of roughly 0.022 of an acre, or 88m². The below map shows the location of 1 MILL 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 1 MILL 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 1 MILL LOKE?

1 MILL LOKE is located in HORNING, in the NR12 postcode district. The below map shows the position of No. 1 on MILL LOKE.