Sold STC Detached

BROADLANDS

MILL LOKE, NORWICH, HORNING, NORFOLK NR12 8LL

3 beds 1 baths 1,184 sq ft Listed 25 Apr 2024 (-768d)

£550,000

Guide Price

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Property details

Tenure

FREEHOLD

Floor area

110 m²

Council tax band

E

EPC rating

D

Year built

England and Wales: 1930-1949

Last sold

£525,000 Mar 2023

Price per m²

£5,000/m²

Local average

£414,371 (+32.7%)

Deprivation

Decile 6 (18,784 of 33,755)

Street crime

1 incident within 1 mile (Mar 2026)

Key features

  • UNIQUE RARELY AVAILABLE HOUSE
  • ELEVATED VIEWS OVER RIVER BURE
  • 3 BEDROOMS
  • TRIPLE ASPECT LIVING/DINING ROOM
  • KITCHEN/BREAKFAST ROOM
  • CLOAKROOM & ULITIY ROOM
  • EPC D
  • 1373 SQUARE FEET

Additional details

Parking
Yes
Garden
Yes

Description

This lovely period detached property enjoys a tucked away location with an elevated position with fine views over Horning village, the river valley and river Bure, set in delightful cottages style gardens which surround the property it offers 3 bedroom accommodation with large triple aspect Living/Dining room, an attractive Sun Lounge/Conservatory and Kitchen/Breakfast room. The property does require some improvement but offers tremendous scope for extension (subject to planning), in this rarely available unique location. Viewing is strongly recommended.

Listed by

Norwich

Morton Reeves Ltd

Reference: 86854851

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: C

Inspection date: 16/09/2022

Current heating cost: £868/year

Potential heating cost: £621/year

Est. upgrade cost to C: £15,520

Recommendations

  • Cavity wall insulation (£500 - £1,500)
  • Floor insulation (solid floor) (£4,000 - £6,000)
  • Low energy lighting for all fixed outlets (£20)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

Price history

Event Date Price % change
Sold 23/03/2023 (3 years ago) £525,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
Same street HILLTOP MILL LOKE, HORNING, NORWICH, NORTH NORFOLK, NORFOLK, NR12 8LL £550,000 01/05/2024 Detached
14 PINEWOOD DRIVE, HORNING, NORWICH, NORTH NORFOLK, NORFOLK, NR12 8LZ £440,000 23/06/2023 Detached
Same street TURNAGAIN HOUSE MILL LOKE, HORNING, NORWICH, NORTH NORFOLK, NORFOLK, NR12 8LL £530,000 26/04/2023 Detached
REACH HORNING REACH, HORNING, NORWICH, NORTH NORFOLK, NORFOLK, NR12 8JR £750,000 26/09/2022 Detached
6 BROADWATER WAY, HORNING, NORWICH, NORTH NORFOLK, NORFOLK, NR12 8PD £485,000 31/08/2022 Detached
BARN COTTAGE NEATISHEAD ROAD, HORNING, NORWICH, NORTH NORFOLK, NORFOLK, NR12 8LB £325,000 30/08/2022 Detached
MOREA, 27 PINEWOOD DRIVE, HORNING, NORWICH, NORTH NORFOLK, NORFOLK, NR12 8LZ £950,000 26/05/2022 Detached
5 MILL LOKE, HORNING, NORWICH, NORTH NORFOLK, NORFOLK, NR12 8AE £275,000 01/02/2022 Detached
FAIRPORT ROPES HILL, HORNING, NORWICH, NORTH NORFOLK, NORFOLK, NR12 8PB £795,000 21/12/2021 Detached
11 THE AVENUE, HORNING, NORWICH, NORTH NORFOLK, NORFOLK, NR12 8LR £450,000 22/11/2021 Detached
3 STAITHE CLOSE, HORNING, NORWICH, NORTH NORFOLK, NORFOLK, NR12 8AF £350,000 28/09/2021 Detached
SILSDEN ROPES HILL, HORNING, NORWICH, NORTH NORFOLK, NORFOLK, NR12 8PB £203,000 05/08/2021 Detached
11 PINEWOOD DRIVE, HORNING, NORWICH, NORTH NORFOLK, NORFOLK, NR12 8LZ £475,000 20/07/2021 Detached
6 BROADWATER WAY, HORNING, NORWICH, NORTH NORFOLK, NORFOLK, NR12 8PD £333,000 23/06/2021 Detached
ROPES HILL BARN NEATISHEAD ROAD, HORNING, NORWICH, NORTH NORFOLK, NORFOLK, NR12 8LB £550,000 22/06/2021 Detached

Street average: £540,000 (2 sales)

Area average: £490,846 (13 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 1.8%
10y growth 51%

House Price Index (HM Land Registry — official index, not sold-price averages): North Norfolk. Series: Detached. As of February 2026.

1y (index) -5.5%
5y (index) 5.3%
10y (index) 34.4%

Rental Range

Estimated market rent for North Norfolk. Low = conservative, Realistic = average, Optimistic = best case.

Low £772/mo
Realistic £858/mo
Optimistic £944/mo

Based on Local Authority from postcode lookup → North Norfolk.

LHA (30th percentile) floor for Central Norfolk & Norwich: £798/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Tidings Newsagent 0.1 miles
Bus stop Mill Hill, adj 0.1 miles
Shop jhd interiors 0.1 miles
Bus stop Lower Street 0.2 miles
Train station Hoveton and Wroxham 2.5 miles
Train station Wroxham BVR 2.5 miles
Hospital North Walsham and District War Memorial Hospital 8.2 miles
University Broadcast House 8.7 miles
Hospital Norfolk and Norwich University Hospital:Emergency Department 11.9 miles

Street-level crime

Category Count
Anti-social behaviour 1
Total incidents 1

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Horning Community Primary School Primary 0.7 miles Good — 30 Nov 2022
Neatishead Church of England Primary School Primary 1.6 miles Outstanding — 17 Mar 2019
St John's Community Primary School and Nursery Primary 2.1 miles Good — 28 Nov 2019
Broadland High Ormiston Academy Secondary 2.3 miles Good — 21 Nov 2011
Salhouse CofE Primary School Primary 2.9 miles (Inspected (no overall grade))

Rental Comparables

Loading rental comparables for this postcode. Refresh in a few minutes.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.16%
Max investor price (0.8%) £107,250
Target investor price (1%) £85,800
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).