1, SMOCK MILL LOKE, WYMONDHAM, NR18 0PG - £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 SMOCK MILL LOKE is a very small detached house of 72m², built sometime between 1983 and 1990, which could now be worth an estimated £391,542. It was last sold for £315,000 in May 2018, which was around 8% below the average May 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

1 SMOCK MILL LOKE Sold Prices

Land registry data shows two sales for 1 SMOCK MILL 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. Both of the two 1 SMOCK MILL LOKE sales were 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
2018 11 MAY	£315,000	£341,082	8% below HPI
2017 8 AUG	£232,000	£333,033	30% below HPI

1 SMOCK MILL 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 1 SMOCK MILL LOKE sales from August 2017 and May 2018 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 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2018 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 1 SMOCK MILL LOKE be worth now?

1 SMOCK MILL LOKE might now be worth an estimated £391,542.

This is based on house price inflation of 24.3%, between May 2018 and June 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.3% inflationary increase is applied to the most recent sale price for 1 SMOCK MILL LOKE of £315,000 on 11th May 2018. For the value to have increased from £315,000 to £391,542 over the six years and eleven months to June 2025, the following assumptions must hold true:

• The value of 1 SMOCK MILL LOKE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The May 2018 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SMOCK MILL LOKE has not materially changed since May 2018.

How Large is 1 SMOCK MILL LOKE?

1 SMOCK MILL LOKE is 72m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of detached houses houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wymondham, and where 1 SMOCK MILL LOKE lies on this distribution: 9% of detached houses houses are smaller than 1 SMOCK MILL LOKE, and 90% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

1 SMOCK MILL LOKE: Plot and Title Map

1 SMOCK MILL LOKE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 1 SMOCK 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 SMOCK 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 SMOCK MILL LOKE?

1 SMOCK MILL LOKE is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 1 on SMOCK MILL LOKE.