THE OLD BAKERY, CHAPEL STREET, HOOK NORTON, BANBURY, OX15 5JT - £540,000

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.

THE OLD BAKERY is a large extended detached house of 148m², built sometime before 1900, which could now be worth an estimated £752,605. It was last sold for £540,000 in October 2014, which was around 32% above the average October 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2024, where the current energy rating was E, and the potential energy rating was C.

THE OLD BAKERY Sold Prices

Land registry data shows two sales for 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 Cherwell local authority area for the corresponding sale date. Both of the two 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
2014 29 OCT	£540,000	£408,298	32% above HPI
1999 2 JUL	£249,000	£152,521	63% above HPI

THE OLD BAKERY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The two THE OLD BAKERY sales from July 1999 and October 2014 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 July 1999 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the October 2014 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might THE OLD BAKERY be worth now?

THE OLD BAKERY might now be worth an estimated £752,605.

This is based on house price inflation of 39.4%, between October 2014 and February 2025, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.4% inflationary increase is applied to the most recent sale price for THE OLD BAKERY of £540,000 on 29th October 2014. For the value to have increased from £540,000 to £752,605 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of THE OLD BAKERY has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The October 2014 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD BAKERY has not materially changed since October 2014.

How Large is THE OLD BAKERY?

THE OLD BAKERY is 148m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 30% of detached houses houses in Hook Norton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hook Norton, and where THE OLD BAKERY lies on this distribution: 73% of detached houses houses are smaller than THE OLD BAKERY, and 26% of houses are larger. Note that EPC data is not available for all properties in Hook Norton.

THE OLD BAKERY: Plot and Title Map

THE OLD BAKERY sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 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 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 THE OLD BAKERY?

THE OLD BAKERY is located on CHAPEL STREET in HOOK NORTON, in the OX15 postcode district. The below map shows the position of THE OLD BAKERY on CHAPEL STREET.