THE OLD BAKERY, WELL END, FRIDAY BRIDGE, WISBECH, PE14 0HG - £230,000

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 155m², built sometime before 1900. It was last sold for £230,000 in November 2020, which was around 12% below the average November 2020 detached price in the Fenland local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

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 Fenland 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
2020 10 NOV	£230,000	£260,356	12% below HPI
1999 15 DEC	£83,000	£76,018	9% above HPI
1997 10 NOV	£70,500	£60,608	16% above HPI

THE OLD BAKERY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The three THE OLD BAKERY sales between November 1997 and November 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 December 1999 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is THE OLD BAKERY?

THE OLD BAKERY is 155m², which includes three extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses in Friday Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Friday Bridge, and where THE OLD BAKERY lies on this distribution: 83% of detached houses are smaller than THE OLD BAKERY, and 17% of houses are larger. Note that EPC data is not available for all properties in Friday Bridge.

THE OLD BAKERY: Plot and Title Map

THE OLD BAKERY sits on a plot of roughly 0.109 of an acre, or 443m². 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 WELL END in FRIDAY BRIDGE, in the PE14 postcode district. The below map shows the position of THE OLD BAKERY on WELL END.