2, THE OLD BAKERY, CHAPEL STREET, STEEPLE BUMPSTEAD, HAVERHILL, CB9 7DQ - £377,000

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.

2 THE OLD BAKERY is a midsized semi-detached house of 113m², built sometime between 1996 and 2002, which could now be worth an estimated £433,670. It was last sold for £377,000 in March 2021, which was around 29% above the average March 2021 semi-detached price in the Braintree local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was A.

2 THE OLD BAKERY Sold Prices

Land registry data shows three sales for 2 THE OLD BAKERY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. All of the three 2 THE OLD BAKERY sales 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
2021 31 MAR	£377,000	£292,520	29% above HPI
2016 22 JAN	£340,000	£244,959	39% above HPI
2002 10 SEP	£177,000	£128,671	38% above HPI

2 THE OLD BAKERY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The three 2 THE OLD BAKERY sales between September 2002 and March 2021 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 January 2016 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the March 2021 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 2 THE OLD BAKERY be worth now?

2 THE OLD BAKERY might now be worth an estimated £433,670.

This is based on house price inflation of 15%, between March 2021 and February 2025, for semi-detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15% inflationary increase is applied to the most recent sale price for 2 THE OLD BAKERY of £377,000 on 31st March 2021. For the value to have increased from £377,000 to £433,670 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 2 THE OLD BAKERY has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The March 2021 sale price of £377,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE OLD BAKERY has not materially changed since March 2021.

How Large is 2 THE OLD BAKERY?

2 THE OLD BAKERY is 113m² according to the EPC inspection conducted in October 2015. This puts it in the largest 50% of semi-detached houses houses in Steeple Bumpstead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Steeple Bumpstead, and where 2 THE OLD BAKERY lies on this distribution: 56% of semi-detached houses houses are smaller than 2 THE OLD BAKERY, and 44% of houses are larger. Note that EPC data is not available for all properties in Steeple Bumpstead.

2 THE OLD BAKERY: Plot and Title Map

2 THE OLD BAKERY sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 2 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 2 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 2 THE OLD BAKERY?

2 THE OLD BAKERY is located on CHAPEL STREET in STEEPLE BUMPSTEAD, in the CB9 postcode district. The below map shows the position of 2 THE OLD BAKERY on CHAPEL STREET.