2, WEAVERS LOKE, TUNSTEAD, NORWICH, NR12 8AN - £220,000

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.

2 WEAVERS LOKE is a small detached house of 84m², built sometime between 1991 and 1995, which could now be worth an estimated £299,476. It was last sold for £220,000 in April 2016, which was around 27% below the average April 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

2 WEAVERS LOKE Sold Prices

Land registry data shows six sales for 2 WEAVERS LOKE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the six 2 WEAVERS 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
2016 4 APR	£220,000	£302,024	27% below HPI
2013 20 FEB	£175,000	£240,893	27% below HPI
2011 13 DEC	£168,500	£241,333	30% below HPI
2007 20 JUL	£208,000	£246,394	16% below HPI
2000 15 DEC	£88,500	£110,306	20% below HPI
1997 2 SEP	£65,000	£76,132	15% below HPI

2 WEAVERS LOKE 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 six 2 WEAVERS LOKE sales between September 1997 and April 2016 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 February 2013 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2016 sale, which was also at 27% below the HPI.

What might 2 WEAVERS LOKE be worth now?

2 WEAVERS LOKE might now be worth an estimated £299,476.

This is based on house price inflation of 36.1%, between April 2016 and May 2026, for detached 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 36.1% inflationary increase is applied to the most recent sale price for 2 WEAVERS LOKE of £220,000 on 4th April 2016. For the value to have increased from £220,000 to £299,476 over the nine years and eleven months to May 2026, the following assumptions must hold true:

• The value of 2 WEAVERS LOKE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The April 2016 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WEAVERS LOKE has not materially changed since April 2016.

How Large is 2 WEAVERS LOKE?

2 WEAVERS LOKE is 84m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 40% of detached houses houses in Tunstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tunstead, and where 2 WEAVERS LOKE lies on this distribution: 33% of detached houses houses are smaller than 2 WEAVERS LOKE, and 67% of houses are larger. Note that EPC data is not available for all properties in Tunstead.

2 WEAVERS LOKE: Plot and Title Map

2 WEAVERS LOKE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 2 WEAVERS 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 2 WEAVERS 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 2 WEAVERS LOKE?

2 WEAVERS LOKE is located in TUNSTEAD, in the NR12 postcode district. The below map shows the position of No. 2 on WEAVERS LOKE.