THE OLD BAKERY, MARHAMCHURCH, BUDE, EX23 0HD - £600,000

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 OLD BAKERY is a very large extended detached house of 194m², built sometime before 1900. It was last sold for £600,000 in May 2022, which was around 39% above the average May 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was D.

THE OLD BAKERY Sold Prices

Land registry data shows four sales for THE OLD BAKERY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 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
2022 13 MAY	£600,000	£432,329	39% above HPI
2014 10 JUL	£355,000	£281,141	26% above HPI
2006 20 APR	£353,500	£263,962	34% above HPI
2001 22 NOV	£178,000	£141,481	26% above HPI

THE OLD BAKERY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The four THE OLD BAKERY sales between November 2001 and May 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 July 2014 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the May 2022 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is THE OLD BAKERY?

THE OLD BAKERY is 194m², which includes two extensions, according to the EPC inspection conducted in July 2010. This puts it in the largest 10% of detached houses in Marhamchurch, based on EPC data. The below chart shows the distribution of detached houses by size in Marhamchurch, and where THE OLD BAKERY lies on this distribution: 93% of detached houses are smaller than THE OLD BAKERY, and 7% of houses are larger. Note that EPC data is not available for all properties in Marhamchurch.

THE OLD BAKERY: Plot and Title Map

THE OLD BAKERY sits on a plot of roughly 0.099 of an acre, or 401m². 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 in MARHAMCHURCH, in the EX23 postcode district. The below map shows the position of THE OLD BAKERY in MARHAMCHURCH.