THE OLD BAKEHOUSE, THE HILL, FINCHAM, KING'S LYNN, PE33 9EW - £310,000

THE OLD BAKEHOUSE is a large extended detached house of 143m², built sometime before 1900. It was last sold for £310,000 in June 2021, which was around 4% below the average June 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was C.

THE OLD BAKEHOUSE Sold Prices

Land registry data shows two sales for THE OLD BAKEHOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. One of the two THE OLD BAKEHOUSE sales was for below the average price, whilst the other was 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 25 JUN	£310,000	£321,785	4% below HPI
2002 17 MAY	£140,000	£122,014	15% above HPI

THE OLD BAKEHOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The two THE OLD BAKEHOUSE sales from May 2002 and June 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 May 2002 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is THE OLD BAKEHOUSE?

THE OLD BAKEHOUSE is 143m², which includes three extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 40% of detached houses in Fincham, based on EPC data. The below chart shows the distribution of detached houses by size in Fincham, and where THE OLD BAKEHOUSE lies on this distribution: 65% of detached houses are smaller than THE OLD BAKEHOUSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Fincham.

THE OLD BAKEHOUSE: Plot and Title Map

THE OLD BAKEHOUSE sits on a plot of roughly 0.282 of an acre, or 1,141m². The below map shows the location of THE OLD 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 THE OLD 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 THE OLD BAKEHOUSE?

THE OLD BAKEHOUSE is located on THE HILL in FINCHAM, in the PE33 postcode district. The below map shows the position of THE OLD BAKEHOUSE on THE HILL.