OLD SCHOOL HOUSE, PARK ROAD, SCOTBY, CARLISLE, CA4 8AT - £325,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

OLD SCHOOL HOUSE is a midsized extended detached house of 131m², built sometime before 1900. It was last sold for £325,000 in October 2017, which was around 48% above the average October 2017 detached price in the Cumberland local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

OLD SCHOOL HOUSE Sold Prices

Land registry data shows three sales for OLD SCHOOL HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. All of the three 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
2017 9 OCT	£325,000	£219,927	48% above HPI
2003 4 NOV	£192,500	£134,752	43% above HPI
1997 30 SEP	£92,500	£75,640	22% above HPI

OLD SCHOOL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cumberland local authority area over time, sourced from the HPI. The three OLD SCHOOL HOUSE sales between September 1997 and October 2017 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 November 2003 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the October 2017 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is OLD SCHOOL HOUSE?

OLD SCHOOL HOUSE is 131m², which includes three extensions, according to the EPC inspection conducted in May 2017. This puts it in the smallest 50% of detached houses in Scotby, based on EPC data. The below chart shows the distribution of detached houses by size in Scotby, and where OLD SCHOOL HOUSE lies on this distribution: 46% of detached houses are smaller than OLD SCHOOL HOUSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Scotby.

OLD SCHOOL HOUSE: Plot and Title Map

OLD SCHOOL HOUSE sits on a plot of roughly 0.158 of an acre, or 638m². 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 PARK ROAD in SCOTBY, in the CA4 postcode district. The below map shows the position of OLD SCHOOL HOUSE on PARK ROAD.