OLD SCHOOL HOUSE, CHAPEL LANE, DUNSTON, LINCOLN, LN4 2ET - £200,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

OLD SCHOOL HOUSE is a small extended detached house of 103m², built sometime before 1900. It was last sold for £200,000 in September 2009, which was around 13% above the average September 2009 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was E.

OLD SCHOOL HOUSE Sold Prices

Land registry data shows five sales for OLD SCHOOL HOUSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the five 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
2009 1 SEP	£200,000	£177,635	13% above HPI
2005 5 AUG	£196,000	£181,270	8% above HPI
2002 28 JUN	£139,950	£105,024	33% above HPI
2000 19 MAY	£75,000	£77,302	3% below HPI
1999 27 AUG	£69,995	£73,068	4% below HPI

OLD SCHOOL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The five OLD SCHOOL HOUSE sales between August 1999 and September 2009 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 August 2005 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2009 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is OLD SCHOOL HOUSE?

OLD SCHOOL HOUSE is 103m², which includes two extensions, according to the EPC inspection conducted in February 2012. This puts it in the smallest 30% of detached houses in Dunston, based on EPC data. The below chart shows the distribution of detached houses by size in Dunston, and where OLD SCHOOL HOUSE lies on this distribution: 21% of detached houses are smaller than OLD SCHOOL HOUSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Dunston.

OLD SCHOOL HOUSE: Plot and Title Map

OLD SCHOOL HOUSE sits on a plot of roughly 0.086 of an acre, or 348m². 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 CHAPEL LANE in DUNSTON, in the LN4 postcode district. The below map shows the position of OLD SCHOOL HOUSE on CHAPEL LANE.