THE BAKEHOUSE, HARDIGATE ROAD, CROPWELL BUTLER, NOTTINGHAM, NG12 3AH - £295,000

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

THE BAKEHOUSE is a small detached house of 115m², built sometime before 1900. It was last sold for £295,000 in August 2021, which was around 29% below the average August 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was August 2012, where the current energy rating was F, and the potential energy rating was E.

THE BAKEHOUSE Sold Prices

Land registry data shows two sales for THE 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 Rushcliffe local authority area for the corresponding sale date. Both of the two THE BAKEHOUSE sales were 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 23 AUG	£295,000	£413,188	29% below HPI
2013 3 DEC	£238,500	£286,247	17% below HPI

THE BAKEHOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two THE BAKEHOUSE sales from December 2013 and August 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 December 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is THE BAKEHOUSE?

THE BAKEHOUSE is 115m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 40% of detached houses in Cropwell Butler, based on EPC data. The below chart shows the distribution of detached houses by size in Cropwell Butler, and where THE BAKEHOUSE lies on this distribution: 34% of detached houses are smaller than THE BAKEHOUSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Cropwell Butler.

THE BAKEHOUSE: Plot and Title Map

THE BAKEHOUSE sits on a plot of roughly 0.031 of an acre, or 127m². The below map shows the location of THE 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 THE 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 THE BAKEHOUSE?

THE BAKEHOUSE is located on HARDIGATE ROAD in CROPWELL BUTLER, in the NG12 postcode district. The below map shows the position of THE BAKEHOUSE on HARDIGATE ROAD.