BAKEHOUSE, BACK LANE, MILEHAM, KING'S LYNN, PE32 2PP - £186,000

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.

BAKEHOUSE is a very small extended semi-detached house of 65m², built sometime before 1900, which could now be worth an estimated £346,421. It was last sold for £186,000 in March 2006, which was around 41% above the average March 2006 semi-detached price in the Breckland local authority area. The most recent EPC inspection was January 2019, where the current energy rating was G, and the potential energy rating was D.

BAKEHOUSE Sold Prices

Land registry data shows two sales for BAKEHOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Breckland local authority area for the corresponding sale date. Both of the two BAKEHOUSE 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
2006 15 MAR	£186,000	£131,883	41% above HPI
2000 3 FEB	£63,000	£58,725	7% above HPI

BAKEHOUSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Breckland local authority area over time, sourced from the HPI. The two BAKEHOUSE sales from February 2000 and March 2006 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 February 2000 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2006 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might BAKEHOUSE be worth now?

BAKEHOUSE might now be worth an estimated £346,421.

This is based on house price inflation of 86.2%, between March 2006 and May 2026, for semi-detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 86.2% inflationary increase is applied to the most recent sale price for BAKEHOUSE of £186,000 on 15th March 2006. For the value to have increased from £186,000 to £346,421 over the nineteen years and ten months to May 2026, the following assumptions must hold true:

• The value of BAKEHOUSE has moved in line with the HPI for semi-detached houses in the Breckland local authority area.
• The March 2006 sale price of £186,000 represented a fair market value for the property.
• The size, condition, and specification of BAKEHOUSE has not materially changed since March 2006.

How Large is BAKEHOUSE?

BAKEHOUSE is 65m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of semi-detached houses houses in Mileham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mileham, and where BAKEHOUSE lies on this distribution: 2% of semi-detached houses houses are smaller than BAKEHOUSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Mileham.

BAKEHOUSE: Plot and Title Map

BAKEHOUSE sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of BAKEHOUSE, 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 BAKEHOUSE). 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 BAKEHOUSE?

BAKEHOUSE is located on BACK LANE in MILEHAM, in the PE32 postcode district. The below map shows the position of BAKEHOUSE on BACK LANE.