LOKEWOOD, OLD BREWERY LANE, REEPHAM, NORWICH, NR10 4NE - £240,000

LOKEWOOD is a very large extended detached house of 213m², built sometime between 1996 and 2002. It was last sold for £240,000 in November 2006, which was around 2% below the average November 2006 detached price in the Broadland local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

LOKEWOOD Sold Prices

Land registry data shows four sales for LOKEWOOD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Most of the four LOKEWOOD 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
2006 3 NOV	£240,000	£243,912	2% below HPI
2000 23 NOV	£155,000	£117,969	31% above HPI
1999 30 JUL	£126,150	£91,667	38% above HPI
1995 6 OCT	£100,000	£74,677	34% above HPI

LOKEWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The four LOKEWOOD sales between October 1995 and November 2006 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 November 2000 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the November 2006 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is LOKEWOOD?

LOKEWOOD is 213m², which includes three extensions, according to the EPC inspection conducted in May 2023. This puts it in the largest 10% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where LOKEWOOD lies on this distribution: 96% of detached houses are smaller than LOKEWOOD, and 4% of houses are larger. Note that EPC data is not available for all properties in Reepham.

LOKEWOOD: Plot and Title Map

LOKEWOOD sits on a plot of roughly 0.209 of an acre, or 846m². The below map shows the location of LOKEWOOD, 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 LOKEWOOD). 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 LOKEWOOD?

LOKEWOOD is located on OLD BREWERY LANE in REEPHAM, in the NR10 postcode district. The below map shows the position of LOKEWOOD on OLD BREWERY LANE.