There seems to be no numeric limit on the compound impact of property inflation, provided the house was build durably and you’re willing to be patient.
Not very far from here, I recently saw a property advertised for rent at about £ 450 per week. I’d guess it’s worth at least £450,000. When those houses were newly built, in about 1948–1950, a relative of mine bought one of them, for a purchase price of £450, as she put it, “because we couldn’t afford the 4-bedroom one, at £650”. So that’s an increase in value of a factor of 1000, within 75 years.
The norm for property prices is that they at, or are close to, their all-time highest price, and they will mostly move up in value in future.