THE OLD BAKERY, PIN MILL ROAD, CHELMONDISTON, IPSWICH, IP9 1JD - £74,950

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 small extended detached house of 77m², built sometime before 1900, which could now be worth an estimated £337,660. It was last sold for £74,950 in July 1999, which was around 31% below the average July 1999 detached price in the Babergh local authority area. The most recent EPC inspection was August 2022, 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 Babergh local authority area for the corresponding sale date. Both of the two 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
1999 16 JUL	£74,950	£108,657	31% below HPI
1999 1 FEB	£33,000	£99,971	67% below HPI

THE OLD BAKERY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The two THE OLD BAKERY sales from February 1999 and July 1999 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 February 1999 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the July 1999 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might THE OLD BAKERY be worth now?

THE OLD BAKERY might now be worth an estimated £337,660.

This is based on house price inflation of 350.5%, between July 1999 and February 2025, for detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 350.5% inflationary increase is applied to the most recent sale price for THE OLD BAKERY of £74,950 on 16th July 1999. For the value to have increased from £74,950 to £337,660 over the 26 years and five 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 Babergh local authority area.
• The July 1999 sale price of £74,950 represented a fair market value for the property.
• The size, condition, and specification of THE OLD BAKERY has not materially changed since July 1999.

How Large is THE OLD BAKERY?

THE OLD BAKERY is 77m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of detached houses houses in Chelmondiston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chelmondiston, and where THE OLD BAKERY lies on this distribution: 11% of detached houses houses are smaller than THE OLD BAKERY, and 89% of houses are larger. Note that EPC data is not available for all properties in Chelmondiston.

THE OLD BAKERY: Plot and Title Map

THE OLD BAKERY sits on a plot of roughly 0.038 of an acre, or 154m². 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 PIN MILL ROAD in CHELMONDISTON, in the IP9 postcode district. The below map shows the position of THE OLD BAKERY on PIN MILL ROAD.