OLD BAKERY, RUNSELL GREEN, DANBURY, CHELMSFORD, CM3 4QZ - £620,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

OLD BAKERY is a midsized extended detached house of 140m², built sometime before 1900, which could now be worth an estimated £881,969. It was last sold for £620,000 in June 2015, which was around 33% above the average June 2015 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.

OLD BAKERY Sold Prices

Land registry data shows two sales for 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 Chelmsford local authority area for the corresponding sale date. Both of the two 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
2015 17 JUN	£620,000	£467,829	33% above HPI
1997 23 MAY	£210,000	£117,833	78% above HPI

OLD BAKERY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two OLD BAKERY sales from May 1997 and June 2015 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 May 1997 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the June 2015 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might OLD BAKERY be worth now?

OLD BAKERY might now be worth an estimated £881,969.

This is based on house price inflation of 42.3%, between June 2015 and February 2025, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.3% inflationary increase is applied to the most recent sale price for OLD BAKERY of £620,000 on 17th June 2015. For the value to have increased from £620,000 to £881,969 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of OLD BAKERY has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The June 2015 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of OLD BAKERY has not materially changed since June 2015.

How Large is OLD BAKERY?

OLD BAKERY is 140m², which includes two extensions, according to the EPC inspection conducted in March 2012. This puts it in the smallest 50% of detached houses houses in Danbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Danbury, and where OLD BAKERY lies on this distribution: 50% of detached houses houses are smaller than OLD BAKERY, and 50% of houses are larger. Note that EPC data is not available for all properties in Danbury.

OLD BAKERY: Plot and Title Map

OLD BAKERY sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 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 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 OLD BAKERY?

OLD BAKERY is located on RUNSELL GREEN in DANBURY, in the CM3 postcode district. The below map shows the position of OLD BAKERY on RUNSELL GREEN.