OLD BAKEHOUSE, SPRINGFIELD LANE, BROADWAY, WR12 7BT - £495,000

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.

OLD BAKEHOUSE is a small detached house of 103m², built sometime before 1900, which could now be worth an estimated £567,336. It was last sold for £495,000 in January 2021, which was around 22% above the average January 2021 detached price in the Wychavon local authority area. The most recent EPC inspection was March 2015, where the current energy rating was F, and the potential energy rating was A.

OLD BAKEHOUSE Sold Prices

Land registry data shows two sales for OLD BAKEHOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. One of the two OLD BAKEHOUSE sales was for above the average price, whilst the other was 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
2021 20 JAN	£495,000	£406,686	22% above HPI
2003 19 SEP	£136,978	£246,799	44% below HPI

OLD BAKEHOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The two OLD BAKEHOUSE sales from September 2003 and January 2021 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 September 2003 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the January 2021 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might OLD BAKEHOUSE be worth now?

OLD BAKEHOUSE might now be worth an estimated £567,336.

This is based on house price inflation of 14.6%, between January 2021 and February 2025, for detached houses, in the Wychavon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.6% inflationary increase is applied to the most recent sale price for OLD BAKEHOUSE of £495,000 on 20th January 2021. For the value to have increased from £495,000 to £567,336 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of OLD BAKEHOUSE has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The January 2021 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of OLD BAKEHOUSE has not materially changed since January 2021.

How Large is OLD BAKEHOUSE?

OLD BAKEHOUSE is 103m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of detached houses houses in Broadway, based on EPC data. The below chart shows the distribution of detached houses houses by size in Broadway, and where OLD BAKEHOUSE lies on this distribution: 29% of detached houses houses are smaller than OLD BAKEHOUSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Broadway.

OLD BAKEHOUSE: Plot and Title Map

OLD BAKEHOUSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of OLD BAKEHOUSE, 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 OLD BAKEHOUSE). 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 OLD BAKEHOUSE?

OLD BAKEHOUSE is located on SPRINGFIELD LANE in BROADWAY, in the WR12 postcode district. The below map shows the position of OLD BAKEHOUSE on SPRINGFIELD LANE.