OLD SCHOOL HOUSE, SCHOOL LANE, BEAN, DARTFORD, DA2 8AL - £570,000

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 large extended detached house of 138m², built sometime from 2007 onwards, which could now be worth an estimated £632,245. It was last sold for £570,000 in June 2020, which was around 10% below the average June 2020 detached price in the Dartford local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

OLD SCHOOL HOUSE Sold Prices

Land registry data shows four sales for OLD SCHOOL HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dartford local authority area for the corresponding sale date. Most of the four OLD SCHOOL HOUSE 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 JUN	£570,000	£630,293	10% below HPI
2015 5 NOV	£453,000	£528,788	14% below HPI
2010 12 NOV	£392,000	£369,760	6% above HPI
2008 25 SEP	£140,000	£378,500	63% below HPI

OLD SCHOOL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dartford local authority area over time, sourced from the HPI. The four OLD SCHOOL HOUSE sales between September 2008 and June 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 November 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2020 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might OLD SCHOOL HOUSE be worth now?

OLD SCHOOL HOUSE might now be worth an estimated £632,245.

This is based on house price inflation of 10.9%, between June 2020 and March 2025, for detached houses, in the Dartford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.9% inflationary increase is applied to the most recent sale price for OLD SCHOOL HOUSE of £570,000 on 19th June 2020. For the value to have increased from £570,000 to £632,245 over the five years and three months to March 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 Dartford local authority area.
• The June 2020 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of OLD SCHOOL HOUSE has not materially changed since June 2020.

How Large is OLD SCHOOL HOUSE?

OLD SCHOOL HOUSE is 138m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the largest 40% of detached houses houses in Bean, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bean, and where OLD SCHOOL HOUSE lies on this distribution: 70% of detached houses houses are smaller than OLD SCHOOL HOUSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Bean.

OLD SCHOOL HOUSE: Plot and Title Map

OLD SCHOOL HOUSE sits on a plot of roughly 0.091 of an acre, or 368m². 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 SCHOOL LANE in BEAN, in the DA2 postcode district. The below map shows the position of OLD SCHOOL HOUSE on SCHOOL LANE.