OLD SCHOOL COTTAGE, SCHOOL ROAD, WISBOROUGH GREEN, BILLINGSHURST, RH14 0DU - £575,000

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.

OLD SCHOOL COTTAGE is a midsized extended detached house of 146m², built sometime between 1996 and 2002, which could now be worth an estimated £627,227. It was last sold for £575,000 in October 2020, which was around 12% below the average October 2020 detached price in the Chichester local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

OLD SCHOOL COTTAGE Sold Prices

Land registry data shows four sales for OLD SCHOOL COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. Most of the four OLD SCHOOL COTTAGE sales were for below 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
2020 19 OCT	£575,000	£657,096	12% below HPI
2004 17 FEB	£337,000	£365,057	8% below HPI
2002 2 APR	£291,000	£272,945	7% above HPI
1997 30 MAY	£130,000	£149,382	13% below HPI

OLD SCHOOL COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chichester local authority area over time, sourced from the HPI. The four OLD SCHOOL COTTAGE sales between May 1997 and October 2020 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 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might OLD SCHOOL COTTAGE be worth now?

OLD SCHOOL COTTAGE might now be worth an estimated £627,227.

This is based on house price inflation of 9.1%, between October 2020 and February 2025, for detached houses, in the Chichester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.1% inflationary increase is applied to the most recent sale price for OLD SCHOOL COTTAGE of £575,000 on 19th October 2020. For the value to have increased from £575,000 to £627,227 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of OLD SCHOOL COTTAGE has moved in line with the HPI for detached houses in the Chichester local authority area.
• The October 2020 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of OLD SCHOOL COTTAGE has not materially changed since October 2020.

How Large is OLD SCHOOL COTTAGE?

OLD SCHOOL COTTAGE is 146m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 50% of detached houses houses in Wisborough Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wisborough Green, and where OLD SCHOOL COTTAGE lies on this distribution: 54% of detached houses houses are smaller than OLD SCHOOL COTTAGE, and 46% of houses are larger. Note that EPC data is not available for all properties in Wisborough Green.

OLD SCHOOL COTTAGE: Plot and Title Map

OLD SCHOOL COTTAGE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of OLD SCHOOL COTTAGE, 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 OLD SCHOOL COTTAGE). 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 OLD SCHOOL COTTAGE?

OLD SCHOOL COTTAGE is located on SCHOOL ROAD in WISBOROUGH GREEN, in the RH14 postcode district. The below map shows the position of OLD SCHOOL COTTAGE on SCHOOL ROAD.