THE OLD SCHOOL HOUSE, CHILSWORTHY, HOLSWORTHY, EX22 7BQ - £217,500

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.

THE OLD SCHOOL HOUSE is a small extended detached house of 95m², built sometime before 1900, which could now be worth an estimated £300,803. It was last sold for £217,500 in November 2016, which was around 25% below the average November 2016 detached price in the Torridge local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

THE OLD SCHOOL HOUSE Sold Prices

Land registry data shows three sales for THE 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 Torridge local authority area for the corresponding sale date. All of the three 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
2016 2 NOV	£217,500	£291,553	25% below HPI
2014 17 JAN	£197,500	£254,467	22% below HPI
2011 13 OCT	£210,000	£262,838	20% below HPI

THE OLD SCHOOL HOUSE 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 three THE OLD SCHOOL HOUSE sales between October 2011 and November 2016 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 January 2014 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might THE OLD SCHOOL HOUSE be worth now?

THE OLD SCHOOL HOUSE might now be worth an estimated £300,803.

This is based on house price inflation of 38.3%, between November 2016 and February 2025, for detached houses, in the Torridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.3% inflationary increase is applied to the most recent sale price for THE OLD SCHOOL HOUSE of £217,500 on 2nd November 2016. For the value to have increased from £217,500 to £300,803 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of THE OLD SCHOOL HOUSE has moved in line with the HPI for detached houses in the Torridge local authority area.
• The November 2016 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of THE OLD SCHOOL HOUSE has not materially changed since November 2016.

How Large is THE OLD SCHOOL HOUSE?

THE OLD SCHOOL HOUSE is 95m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the smallest 30% of detached houses houses in Chilsworthy, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chilsworthy, and where THE OLD SCHOOL HOUSE lies on this distribution: 25% of detached houses houses are smaller than THE OLD SCHOOL HOUSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Chilsworthy.

THE OLD SCHOOL HOUSE: Plot and Title Map

THE OLD SCHOOL HOUSE sits on a plot of roughly 0.133 of an acre, or 537m². 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 in CHILSWORTHY, in the EX22 postcode district. The below map shows the position of THE OLD SCHOOL HOUSE in CHILSWORTHY.