3, BAKERS LANE, WELDON, CORBY, NN17 3LR - £312,000

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.

3 BAKERS LANE is a large extended detached house of 140m², built sometime between 2003 and 2006, which could now be worth an estimated £460,755. It was last sold for £312,000 in June 2016, which was around 12% above the average June 2016 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

3 BAKERS LANE Sold Prices

Land registry data shows two sales for 3 BAKERS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. Both of the two 3 BAKERS LANE 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
2016 3 JUN	£312,000	£277,567	12% above HPI
2006 2 NOV	£299,950	£220,066	36% above HPI

3 BAKERS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Northamptonshire local authority area over time, sourced from the HPI. The two 3 BAKERS LANE sales from November 2006 and June 2016 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 November 2006 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the June 2016 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 3 BAKERS LANE be worth now?

3 BAKERS LANE might now be worth an estimated £460,755.

This is based on house price inflation of 47.7%, between June 2016 and May 2026, for detached houses, in the North Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47.7% inflationary increase is applied to the most recent sale price for 3 BAKERS LANE of £312,000 on 3rd June 2016. For the value to have increased from £312,000 to £460,755 over the ten years and one month to May 2026, the following assumptions must hold true:

• The value of 3 BAKERS LANE has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The June 2016 sale price of £312,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BAKERS LANE has not materially changed since June 2016.

How Large is 3 BAKERS LANE?

3 BAKERS LANE is 140m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the largest 30% of detached houses houses in Weldon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Weldon, and where 3 BAKERS LANE lies on this distribution: 72% of detached houses houses are smaller than 3 BAKERS LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Weldon.

3 BAKERS LANE: Plot and Title Map

3 BAKERS LANE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 3 BAKERS LANE, 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 3 BAKERS LANE). 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 3 BAKERS LANE?

3 BAKERS LANE is located in WELDON, in the NN17 postcode district. The below map shows the position of No. 3 on BAKERS LANE.