THE OLD SCHOOL HOUSE, FRONT STREET, BISHOP MIDDLEHAM, FERRYHILL, DL17 9AJ - £260,000

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 semi-detached house of 289m², built sometime before 1900, which could now be worth an estimated £368,509. It was last sold for £260,000 in August 2015, which was around 171% above the average August 2015 semi-detached price in the County Durham local authority area. The most recent EPC inspection was September 2015, where the current energy rating was F, and the potential energy rating was C.

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 semi-detached price in the County Durham local authority area for the corresponding sale date. Two of the three THE OLD SCHOOL HOUSE sales were for above the average price, whilst one was 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
2015 14 AUG	£260,000	£96,067	171% above HPI
2006 7 JUL	£77,500	£108,573	29% below HPI
2001 18 JAN	£110,000	£43,816	151% above HPI

THE OLD SCHOOL HOUSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The three THE OLD SCHOOL HOUSE sales between January 2001 and August 2015 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 July 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2015 sale, where it rises to 171% above the HPI. The line then continues to track at 171% above the HPI.

What might THE OLD SCHOOL HOUSE be worth now?

THE OLD SCHOOL HOUSE might now be worth an estimated £368,509.

This is based on house price inflation of 41.7%, between August 2015 and February 2025, for semi-detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.7% inflationary increase is applied to the most recent sale price for THE OLD SCHOOL HOUSE of £260,000 on 14th August 2015. For the value to have increased from £260,000 to £368,509 over the ten years and six 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 semi-detached houses in the County Durham local authority area.
• The August 2015 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD SCHOOL HOUSE has not materially changed since August 2015.

How Large is THE OLD SCHOOL HOUSE?

THE OLD SCHOOL HOUSE is 289m² according to the EPC inspection conducted in September 2015. This puts it in the largest 10% of semi-detached houses houses in Bishop Middleham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bishop Middleham, and where THE OLD SCHOOL HOUSE lies on this distribution: 97% of semi-detached houses houses are smaller than THE OLD SCHOOL HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Bishop Middleham.

THE OLD SCHOOL HOUSE: Plot and Title Map

THE OLD SCHOOL HOUSE sits on a plot of roughly 0.174 of an acre, or 704m². 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 FRONT STREET in BISHOP MIDDLEHAM, in the DL17 postcode district. The below map shows the position of THE OLD SCHOOL HOUSE on FRONT STREET.