THE OLD BAKERY, SCHOOL LANE, MARHAM, KING'S LYNN, PE33 9JA - £249,000

THE OLD BAKERY is a very large extended detached house of 185m², built sometime before 1900. It was last sold for £249,000 in September 2014, which was around 10% above the average September 2014 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2010, where the current energy rating was F, and the potential energy rating was E.

THE OLD BAKERY Sold Prices

Land registry data shows three sales for THE OLD BAKERY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the three 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
2014 26 SEP	£249,000	£227,189	10% above HPI
1998 8 APR	£81,000	£69,146	17% above HPI
1995 29 OCT	£75,000	£57,649	30% above HPI

THE OLD BAKERY 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 three THE OLD BAKERY sales between October 1995 and September 2014 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 April 1998 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2014 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is THE OLD BAKERY?

THE OLD BAKERY is 185m², which includes two extensions, according to the EPC inspection conducted in January 2010. This puts it in the largest 20% of detached houses in Marham, based on EPC data. The below chart shows the distribution of detached houses by size in Marham, and where THE OLD BAKERY lies on this distribution: 90% of detached houses are smaller than THE OLD BAKERY, and 10% of houses are larger. Note that EPC data is not available for all properties in Marham.

THE OLD BAKERY: Plot and Title Map

THE OLD BAKERY sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 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 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 THE OLD BAKERY?

THE OLD BAKERY is located on SCHOOL LANE in MARHAM, in the PE33 postcode district. The below map shows the position of THE OLD BAKERY on SCHOOL LANE.