THE OLD SCHOOL HOUSE, ALLENBYS CHASE, SUTTON BRIDGE, SPALDING, PE12 9SY - £102,000

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 HOUSE is a very small extended detached house of 55m², built sometime between 2003 and 2006. It was last sold for £102,000 in October 2004, which was around 36% below the average October 2004 detached price in the South Holland local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

THE OLD SCHOOL HOUSE Sold Prices

Land registry data shows four sales for THE 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 South Holland local authority area for the corresponding sale date. Most of the four THE 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
2004 8 OCT	£102,000	£158,858	36% below HPI
2003 14 APR	£38,000	£133,693	72% below HPI
2002 30 JAN	£23,000	£100,024	77% below HPI
2001 26 JUL	£120,000	£93,338	29% above HPI

THE OLD SCHOOL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The four THE OLD SCHOOL HOUSE sales between July 2001 and October 2004 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 2003 sale was for 72% below the HPI. So the extrapolation line tracks at 72% below the HPI over time, until the October 2004 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is THE OLD SCHOOL HOUSE?

THE OLD SCHOOL HOUSE is 55m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses in Sutton Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Sutton Bridge, and where THE OLD SCHOOL HOUSE lies on this distribution: 1% of detached houses are smaller than THE OLD SCHOOL HOUSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Sutton Bridge.

THE OLD SCHOOL HOUSE: Plot and Title Map

THE OLD SCHOOL HOUSE sits on a plot of roughly 0.021 of an acre, or 85m². The below map shows the location of THE 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 THE 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 THE OLD SCHOOL HOUSE?

THE OLD SCHOOL HOUSE is located on ALLENBYS CHASE in SUTTON BRIDGE, in the PE12 postcode district. The below map shows the position of THE OLD SCHOOL HOUSE on ALLENBYS CHASE.