OLD SCHOOL HOUSE, BERRYBUSHES, MARKET OVERTON, OAKHAM, LE15 7PQ - £345,000

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 HOUSE is a midsized extended detached house of 158m², built sometime before 1900, which could now be worth an estimated £604,468. It was last sold for £345,000 in November 2010, which was around 24% above the average November 2010 detached price in the Rutland local authority area. The most recent EPC inspection was January 2009, where the current energy rating was F, and the potential energy rating was F.

OLD SCHOOL HOUSE Sold Prices

Land registry data shows two sales for 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 Rutland local authority area for the corresponding sale date. Both of the two OLD SCHOOL HOUSE 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
2010 26 NOV	£345,000	£277,677	24% above HPI
2007 29 JUN	£390,000	£286,274	36% above HPI

OLD SCHOOL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The two OLD SCHOOL HOUSE sales from June 2007 and November 2010 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 2007 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the November 2010 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might OLD SCHOOL HOUSE be worth now?

OLD SCHOOL HOUSE might now be worth an estimated £604,468.

This is based on house price inflation of 75.2%, between November 2010 and February 2025, for detached houses, in the Rutland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 75.2% inflationary increase is applied to the most recent sale price for OLD SCHOOL HOUSE of £345,000 on 26th November 2010. For the value to have increased from £345,000 to £604,468 over the fifteen years and nine months to February 2025, the following assumptions must hold true:

• The value of OLD SCHOOL HOUSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The November 2010 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of OLD SCHOOL HOUSE has not materially changed since November 2010.

How Large is OLD SCHOOL HOUSE?

OLD SCHOOL HOUSE is 158m², which includes one extension, according to the EPC inspection conducted in January 2009. This puts it in the largest 50% of detached houses houses in Market Overton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Overton, and where OLD SCHOOL HOUSE lies on this distribution: 52% of detached houses houses are smaller than OLD SCHOOL HOUSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Market Overton.

OLD SCHOOL HOUSE: Plot and Title Map

OLD SCHOOL HOUSE sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of 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 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 OLD SCHOOL HOUSE?

OLD SCHOOL HOUSE is located on BERRYBUSHES in MARKET OVERTON, in the LE15 postcode district. The below map shows the position of OLD SCHOOL HOUSE on BERRYBUSHES.