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 is a small extended detached house of 125m², built sometime before 1900. It was last sold for £665,000 in April 2018, which was around 27% above the average April 2018 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for OLD SCHOOL since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. All of the three OLD SCHOOL 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 |
---|---|---|---|
2018 12 APR | £665,000 | £523,917 | 27% above HPI |
2017 13 APR | £665,000 | £512,689 | 30% above HPI |
2012 4 APR | £455,000 | £348,617 | 31% above HPI |
The below graph shows the average detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The three OLD SCHOOL sales between April 2012 and April 2018 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 April 2017 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the April 2018 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.
OLD SCHOOL is 125m², which includes two extensions, according to the EPC inspection conducted in January 2012. This puts it in the smallest 40% of detached houses in Newton, based on EPC data. The below chart shows the distribution of detached houses by size in Newton, and where OLD SCHOOL lies on this distribution: 38% of detached houses are smaller than OLD SCHOOL, and 62% of houses are larger. Note that EPC data is not available for all properties in Newton.
OLD SCHOOL sits on a plot of roughly 0.173 of an acre, or 702m². The below map shows the location of OLD SCHOOL, 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). 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.
OLD SCHOOL is located on TOWN STREET in NEWTON, in the CB22 postcode district. The below map shows the position of OLD SCHOOL on TOWN STREET.