THE OLD SCHOOL HOUSE, CHULMLEIGH, EX18 7BT - £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.

THE OLD SCHOOL HOUSE is a very large detached house of 171m², which could now be worth an estimated £680,796. It was last sold for £570,000 in March 2021, which was around 53% above the average March 2021 detached price in the North Devon local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

THE OLD SCHOOL HOUSE Sold Prices

Land registry data shows two sales for THE OLD SCHOOL HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. Both of the two THE OLD SCHOOL HOUSE 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
2021 5 MAR	£570,000	£372,695	53% above HPI
2020 23 OCT	£555,000	£393,030	41% above HPI

THE OLD SCHOOL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The two THE OLD SCHOOL HOUSE sales from October 2020 and March 2021 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 October 2020 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the March 2021 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might THE OLD SCHOOL HOUSE be worth now?

THE OLD SCHOOL HOUSE might now be worth an estimated £680,796.

This is based on house price inflation of 19.4%, between March 2021 and February 2025, for detached houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.4% inflationary increase is applied to the most recent sale price for THE OLD SCHOOL HOUSE of £570,000 on 5th March 2021. For the value to have increased from £570,000 to £680,796 over the four years and one month 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 North Devon local authority area.
• The March 2021 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD SCHOOL HOUSE has not materially changed since March 2021.

How Large is THE OLD SCHOOL HOUSE?

THE OLD SCHOOL HOUSE is 171m² according to the EPC inspection conducted in August 2020. This puts it in the largest 10% of detached houses houses in Chulmleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chulmleigh, and where THE OLD SCHOOL HOUSE lies on this distribution: 92% of detached houses houses are smaller than THE OLD SCHOOL HOUSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Chulmleigh.

THE OLD SCHOOL HOUSE: Plot and Title Map

THE OLD SCHOOL HOUSE sits on a plot of roughly 0.114 of an acre, or 463m². 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 CHULMLEIGH, in the EX18 postcode district. The below map shows the position of THE OLD SCHOOL HOUSE in CHULMLEIGH.