3, OLD SCHOOL HOUSE, MILLBROOK LANE, EXETER, EX2 6FA - £556,000

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 OLD SCHOOL HOUSE is a midsized detached house of 115m², which could now be worth an estimated £535,283. It was last sold for £556,000 in October 2022, which was around 1% below the average October 2022 detached price in the Exeter local authority area. The most recent EPC inspection was February 2015, where the current energy rating was B, and the potential energy rating was A.

3 OLD SCHOOL HOUSE Sold Prices

Land registry data shows two sales for 3 OLD SCHOOL HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Exeter local authority area for the corresponding sale date. One of the two 3 OLD SCHOOL HOUSE 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
2022 21 OCT	£556,000	£561,935	1% below HPI
2015 29 JUN	£381,000	£370,788	3% above HPI

3 OLD SCHOOL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Exeter local authority area over time, sourced from the HPI. The two 3 OLD SCHOOL HOUSE sales from June 2015 and October 2022 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 June 2015 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2022 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 3 OLD SCHOOL HOUSE be worth now?

3 OLD SCHOOL HOUSE might now be worth an estimated £535,283.

This is based on house price deflation of 3.7%, between October 2022 and February 2025, for detached houses, in the Exeter local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.7% deflationary decrease is applied to the most recent sale price for 3 OLD SCHOOL HOUSE of £556,000 on 21st October 2022. For the value to have decreased from £556,000 to £535,283 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 OLD SCHOOL HOUSE has moved in line with the HPI for detached houses in the Exeter local authority area.
• The October 2022 sale price of £556,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OLD SCHOOL HOUSE has not materially changed since October 2022.

How Large is 3 OLD SCHOOL HOUSE?

3 OLD SCHOOL HOUSE is 115m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 50% of detached houses houses in Exeter, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exeter, and where 3 OLD SCHOOL HOUSE lies on this distribution: 48% of detached houses houses are smaller than 3 OLD SCHOOL HOUSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Exeter.

3 OLD SCHOOL HOUSE: Plot and Title Map

3 OLD SCHOOL HOUSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 3 OLD SCHOOL HOUSE, 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 OLD SCHOOL HOUSE). 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 OLD SCHOOL HOUSE?

3 OLD SCHOOL HOUSE is located on MILLBROOK LANE in EXETER, in the EX2 postcode district. The below map shows the position of 3 OLD SCHOOL HOUSE on MILLBROOK LANE.