THE OLD BAKERY, LINCOLN ROAD, EAST BARKWITH, MARKET RASEN, LN8 5RW - £142,500

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 151m², built sometime between 1900 and 1929, which could now be worth an estimated £212,709. It was last sold for £142,500 in January 2016, which was around 26% below the average January 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2015, where the current energy rating was F, and the potential energy rating was C.

THE OLD BAKERY Sold Prices

Land registry data shows three sales for THE 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 East Lindsey local authority area for the corresponding sale date. All of the three THE OLD BAKERY 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
2016 29 JAN	£142,500	£191,769	26% below HPI
2007 30 APR	£147,500	£189,158	22% below HPI
2001 14 SEP	£79,000	£86,480	9% below HPI

THE OLD BAKERY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three THE OLD BAKERY sales between September 2001 and January 2016 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 April 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2016 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might THE OLD BAKERY be worth now?

THE OLD BAKERY might now be worth an estimated £212,709.

This is based on house price inflation of 49.3%, between January 2016 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.3% inflationary increase is applied to the most recent sale price for THE OLD BAKERY of £142,500 on 29th January 2016. For the value to have increased from £142,500 to £212,709 over the eight years and eleven 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 East Lindsey local authority area.
• The January 2016 sale price of £142,500 represented a fair market value for the property.
• The size, condition, and specification of THE OLD BAKERY has not materially changed since January 2016.

How Large is THE OLD BAKERY?

THE OLD BAKERY is 151m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 40% of detached houses houses in East Barkwith, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Barkwith, and where THE OLD BAKERY lies on this distribution: 63% of detached houses houses are smaller than THE OLD BAKERY, and 37% of houses are larger. Note that EPC data is not available for all properties in East Barkwith.

THE OLD BAKERY: Plot and Title Map

THE OLD BAKERY sits on a plot of roughly 0.098 of an acre, or 398m². 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 LINCOLN ROAD in EAST BARKWITH, in the LN8 postcode district. The below map shows the position of THE OLD BAKERY on LINCOLN ROAD.