THE OLD BAKERY, THE STREET, RAMSEY, HARWICH, CO12 5HW - £227,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE OLD BAKERY is a small extended detached house of 85m², built sometime before 1900, which could now be worth an estimated £279,994. It was last sold for £227,500 in February 2020, which was around 26% below the average February 2020 detached price in the Tendring local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was A.

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 Tendring 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
2020 25 FEB	£227,500	£307,613	26% below HPI
2017 23 JUN	£177,500	£309,813	43% below HPI
2004 31 AUG	£159,500	£211,461	25% below HPI

THE OLD BAKERY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The three THE OLD BAKERY sales between August 2004 and February 2020 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 June 2017 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2020 sale, where it rises 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 £279,994.

This is based on house price inflation of 23.1%, between February 2020 and February 2025, for detached houses, in the Tendring local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.1% inflationary increase is applied to the most recent sale price for THE OLD BAKERY of £227,500 on 25th February 2020. For the value to have increased from £227,500 to £279,994 over the five years 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 Tendring local authority area.
• The February 2020 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of THE OLD BAKERY has not materially changed since February 2020.

How Large is THE OLD BAKERY?

THE OLD BAKERY is 85m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 40% of detached houses houses in Ramsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ramsey, and where THE OLD BAKERY lies on this distribution: 36% of detached houses houses are smaller than THE OLD BAKERY, and 64% of houses are larger. Note that EPC data is not available for all properties in Ramsey.

THE OLD BAKERY: Plot and Title Map

THE OLD BAKERY sits on a plot of roughly 0.033 of an acre, or 134m². 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 THE STREET in RAMSEY, in the CO12 postcode district. The below map shows the position of THE OLD BAKERY on THE STREET.