THE OLD BAKERY, MANOR ROAD, BITTESWELL, LUTTERWORTH, LE17 4RZ - £605,000

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 very large extended detached house of 299m², built sometime before 1900, which could now be worth an estimated £746,275. It was last sold for £605,000 in March 2019, which was around 56% above the average March 2019 detached price in the Harborough local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, 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 Harborough 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
2019 21 MAR	£605,000	£388,339	56% above HPI
2005 2 SEP	£395,000	£256,217	54% above HPI

THE OLD BAKERY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The two THE OLD BAKERY sales from September 2005 and March 2019 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 September 2005 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the March 2019 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might THE OLD BAKERY be worth now?

THE OLD BAKERY might now be worth an estimated £746,275.

This is based on house price inflation of 23.4%, between March 2019 and March 2025, for detached houses, in the Harborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.4% inflationary increase is applied to the most recent sale price for THE OLD BAKERY of £605,000 on 21st March 2019. For the value to have increased from £605,000 to £746,275 over the six years to March 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 Harborough local authority area.
• The March 2019 sale price of £605,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD BAKERY has not materially changed since March 2019.

How Large is THE OLD BAKERY?

THE OLD BAKERY is 299m², which includes four extensions, according to the EPC inspection conducted in October 2018. This puts it in the largest 20% of detached houses houses in Bitteswell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bitteswell, and where THE OLD BAKERY lies on this distribution: 89% of detached houses houses are smaller than THE OLD BAKERY, and 11% of houses are larger. Note that EPC data is not available for all properties in Bitteswell.

THE OLD BAKERY: Plot and Title Map

THE OLD BAKERY sits on a plot of roughly 0.157 of an acre, or 635m². 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 MANOR ROAD in BITTESWELL, in the LE17 postcode district. The below map shows the position of THE OLD BAKERY on MANOR ROAD.