1, SCHOOL LOKE, HEMSBY, GREAT YARMOUTH, NR29 4LH - £162,370

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 SCHOOL LOKE is a midsized extended semi-detached house of 97m², built sometime before 1900, which could now be worth an estimated £283,774. It was last sold for £162,370 in November 2012, which was around 30% above the average November 2012 semi-detached price in the Great Yarmouth local authority area. The most recent EPC inspection was April 2023, where the current energy rating was G, and the potential energy rating was E.

1 SCHOOL LOKE Sold Prices

Land registry data shows two sales for 1 SCHOOL LOKE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Great Yarmouth local authority area for the corresponding sale date. Both of the two 1 SCHOOL 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
2012 8 NOV	£162,370	£124,827	30% above HPI
1998 9 JAN	£51,500	£44,441	16% above HPI

1 SCHOOL LOKE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Great Yarmouth local authority area over time, sourced from the HPI. The two 1 SCHOOL LOKE sales from January 1998 and November 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 January 1998 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2012 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 1 SCHOOL LOKE be worth now?

1 SCHOOL LOKE might now be worth an estimated £283,774.

This is based on house price inflation of 74.8%, between November 2012 and February 2025, for semi-detached houses, in the Great Yarmouth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 74.8% inflationary increase is applied to the most recent sale price for 1 SCHOOL LOKE of £162,370 on 8th November 2012. For the value to have increased from £162,370 to £283,774 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 SCHOOL LOKE has moved in line with the HPI for semi-detached houses in the Great Yarmouth local authority area.
• The November 2012 sale price of £162,370 represented a fair market value for the property.
• The size, condition, and specification of 1 SCHOOL LOKE has not materially changed since November 2012.

How Large is 1 SCHOOL LOKE?

1 SCHOOL LOKE is 97m², which includes three extensions, according to the EPC inspection conducted in April 2023. This puts it in the smallest 50% of semi-detached houses houses in Hemsby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hemsby, and where 1 SCHOOL LOKE lies on this distribution: 45% of semi-detached houses houses are smaller than 1 SCHOOL LOKE, and 55% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

1 SCHOOL LOKE: Plot and Title Map

1 SCHOOL LOKE sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 1 SCHOOL 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 SCHOOL 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 SCHOOL LOKE?

1 SCHOOL LOKE is located in HEMSBY, in the NR29 postcode district. The below map shows the position of No. 1 on SCHOOL LOKE.