3, THE OLD BAKERY, CHAPEL STREET, STEEPLE BUMPSTEAD, HAVERHILL, CB9 7DQ - £305,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 THE OLD BAKERY is a large detached house of 122m², built sometime between 1996 and 2002. It was last sold for £305,000 in May 2013, which was around 1% above the average May 2013 detached price in the Braintree local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

3 THE OLD BAKERY Sold Prices

Land registry data shows two sales for 3 THE OLD BAKERY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two 3 THE OLD BAKERY 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
2013 1 MAY	£305,000	£303,201	1% above HPI
2002 29 OCT	£245,000	£224,823	9% above HPI

3 THE OLD BAKERY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 3 THE OLD BAKERY sales from October 2002 and May 2013 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 October 2002 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2013 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 3 THE OLD BAKERY?

3 THE OLD BAKERY is 122m² according to the EPC inspection conducted in June 2021. This puts it in the largest 40% of detached houses in Steeple Bumpstead, based on EPC data. The below chart shows the distribution of detached houses by size in Steeple Bumpstead, and where 3 THE OLD BAKERY lies on this distribution: 62% of detached houses are smaller than 3 THE OLD BAKERY, and 38% of houses are larger. Note that EPC data is not available for all properties in Steeple Bumpstead.

3 THE OLD BAKERY: Plot and Title Map

3 THE OLD BAKERY sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 3 THE OLD BAKERY, 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 3 THE OLD BAKERY). 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 3 THE OLD BAKERY?

3 THE OLD BAKERY is located on CHAPEL STREET in STEEPLE BUMPSTEAD, in the CB9 postcode district. The below map shows the position of 3 THE OLD BAKERY on CHAPEL STREET.