THE OLD SCHOOL, DRAGON HILL, LANGTREE, TORRINGTON, EX38 8PF - £215,000

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

THE OLD SCHOOL is a midsized extended detached house of 161m², built sometime before 1900. It was last sold for £215,000 in September 2011, which was around 17% below the average September 2011 detached price in the Torridge local authority area. The most recent EPC inspection was July 2011, where the current energy rating was F, and the potential energy rating was E.

THE OLD SCHOOL Sold Prices

Land registry data shows two sales for THE OLD SCHOOL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. Both of the two THE OLD SCHOOL 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
2011 30 SEP	£215,000	£259,289	17% below HPI
2010 18 MAR	£207,000	£266,991	22% below HPI

THE OLD SCHOOL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Torridge local authority area over time, sourced from the HPI. The two THE OLD SCHOOL sales from March 2010 and September 2011 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 March 2010 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2011 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is THE OLD SCHOOL?

THE OLD SCHOOL is 161m², which includes four extensions, according to the EPC inspection conducted in July 2011. This puts it in the largest 50% of detached houses in Langtree, based on EPC data. The below chart shows the distribution of detached houses by size in Langtree, and where THE OLD SCHOOL lies on this distribution: 57% of detached houses are smaller than THE OLD SCHOOL, and 43% of houses are larger. Note that EPC data is not available for all properties in Langtree.

THE OLD SCHOOL: Plot and Title Map

THE OLD SCHOOL sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of THE 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 THE 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.

Where is THE OLD SCHOOL?

THE OLD SCHOOL is located on DRAGON HILL in LANGTREE, in the EX38 postcode district. The below map shows the position of THE OLD SCHOOL on DRAGON HILL.