3, BAKERS MILL, PRENTICE STREET, LAVENHAM, SUDBURY, CO10 9RD - £335,000

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 MILL is a very small terraced house of 82m², built sometime before 1900, which could now be worth an estimated £369,518. It was last sold for £335,000 in September 2021, which was around 50% above the average September 2021 terraced price in the Babergh local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

3 BAKERS MILL Sold Prices

Land registry data shows four sales for 3 BAKERS MILL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Babergh local authority area for the corresponding sale date. All of the four 3 BAKERS MILL 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 30 SEP	£335,000	£222,789	50% above HPI
2014 6 MAR	£220,000	£153,106	44% above HPI
2012 1 AUG	£207,500	£150,644	38% above HPI
2000 30 NOV	£129,950	£64,544	101% above HPI

3 BAKERS MILL Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Babergh local authority area over time, sourced from the HPI. The four 3 BAKERS MILL sales between November 2000 and September 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 March 2014 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the September 2021 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 3 BAKERS MILL be worth now?

3 BAKERS MILL might now be worth an estimated £369,518.

This is based on house price inflation of 10.3%, between September 2021 and July 2025, for terraced houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.3% inflationary increase is applied to the most recent sale price for 3 BAKERS MILL of £335,000 on 30th September 2021. For the value to have increased from £335,000 to £369,518 over the four years and two months to July 2025, the following assumptions must hold true:

• The value of 3 BAKERS MILL has moved in line with the HPI for terraced houses in the Babergh local authority area.
• The September 2021 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BAKERS MILL has not materially changed since September 2021.

How Large is 3 BAKERS MILL?

3 BAKERS MILL is 82m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of terraced houses houses in Lavenham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lavenham, and where 3 BAKERS MILL lies on this distribution: 9% of terraced houses houses are smaller than 3 BAKERS MILL, and 91% of houses are larger. Note that EPC data is not available for all properties in Lavenham.

3 BAKERS MILL: Plot and Title Map

3 BAKERS MILL sits on a plot of roughly 0.021 of an acre, or 83m². The below map shows the location of 3 BAKERS MILL, 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 MILL). 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 MILL?

3 BAKERS MILL is located on PRENTICE STREET in LAVENHAM, in the CO10 postcode district. The below map shows the position of 3 BAKERS MILL on PRENTICE STREET.