OLD BAKERY, TWO MILE LANE, HIGHNAM, GLOUCESTER, GL2 8DW - £850,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

OLD BAKERY is a very large extended semi-detached house of 302m², built sometime before 1900. It was last sold for £850,000 in August 2022, which was around 67% above the average August 2022 detached price in the Tewkesbury local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was C.

OLD BAKERY Sold Prices

Land registry data shows three sales for OLD BAKERY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. All of the three 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
2022 18 AUG	£850,000	£509,075	67% above HPI
2004 21 JUN	£397,500	£270,875	47% above HPI
2003 4 DEC	£305,000	£255,311	19% above HPI

OLD BAKERY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The three OLD BAKERY sales between December 2003 and August 2022 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 June 2004 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the August 2022 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is OLD BAKERY?

OLD BAKERY is 302m², which includes four extensions, according to the EPC inspection conducted in December 2013. This puts it in the largest 10% of detached houses in Highnam, based on EPC data. The below chart shows the distribution of detached houses by size in Highnam, and where OLD BAKERY lies on this distribution: More than 99% of detached houses are smaller than OLD BAKERY, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Highnam.

OLD BAKERY: Plot and Title Map

OLD BAKERY sits on a plot of roughly 0.681 of an acre, or 2,758m². 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 TWO MILE LANE in HIGHNAM, in the GL2 postcode district. The below map shows the position of OLD BAKERY on TWO MILE LANE.