THE OLD BAKERY, THE STREET, RICKINGHALL, DISS, IP22 1EG - £445,000

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 132m², built sometime between 1930 and 1949. It was last sold for £445,000 in July 2023, which was around 5% above the average July 2023 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was November 2022, where the current energy rating was E, and the potential energy rating was D.

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 Mid Suffolk local authority area for the corresponding sale date. Two of the three THE OLD BAKERY sales were for above the average price, whilst one was 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
2023 10 JUL	£445,000	£422,430	5% above HPI
2011 19 APR	£330,000	£247,974	33% above HPI
2001 22 NOV	£115,000	£157,992	27% below HPI

THE OLD BAKERY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three THE OLD BAKERY sales between November 2001 and July 2023 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 April 2011 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the July 2023 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is THE OLD BAKERY?

THE OLD BAKERY is 132m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the smallest 50% of detached houses in Rickinghall, based on EPC data. The below chart shows the distribution of detached houses by size in Rickinghall, and where THE OLD BAKERY lies on this distribution: 46% of detached houses are smaller than THE OLD BAKERY, and 53% of houses are larger. Note that EPC data is not available for all properties in Rickinghall.

THE OLD BAKERY: Plot and Title Map

THE OLD BAKERY sits on a plot of roughly 0.117 of an acre, or 475m². 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 RICKINGHALL, in the IP22 postcode district. The below map shows the position of THE OLD BAKERY on THE STREET.