THE OLD BAKERY, SNAPE ROAD, TUNSTALL, WOODBRIDGE, IP12 2JL - £225,000

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 midsized extended detached house of 114m², built sometime before 1900. It was last sold for £225,000 in July 2014, which was around 18% below the average July 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2010, where the current energy rating was G, and the potential energy rating was G.

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 Suffolk local authority area for the corresponding sale date. One of the three THE OLD BAKERY sales was for below the average price, whilst two 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 8 JUL	£225,000	£274,314	18% below HPI
2003 21 AUG	£203,500	£190,047	7% above HPI
2001 5 JAN	£145,000	£124,330	17% above HPI

THE OLD BAKERY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three THE OLD BAKERY sales between January 2001 and July 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 August 2003 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is THE OLD BAKERY?

THE OLD BAKERY is 114m², which includes two extensions, according to the EPC inspection conducted in May 2010. This puts it in the smallest 50% of detached houses in Tunstall, based on EPC data. The below chart shows the distribution of detached houses by size in Tunstall, and where THE OLD BAKERY lies on this distribution: 46% of detached houses are smaller than THE OLD BAKERY, and 54% of houses are larger. Note that EPC data is not available for all properties in Tunstall.

THE OLD BAKERY: Plot and Title Map

THE OLD BAKERY sits on a plot of roughly 0.040 of an acre, or 160m². 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 SNAPE ROAD in TUNSTALL, in the IP12 postcode district. The below map shows the position of THE OLD BAKERY on SNAPE ROAD.