THE OLD SCHOOL HOUSE, MAIN STREET, HICKLING, MELTON MOWBRAY, LE14 3AJ - £595,000

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 small detached house of 138m², built sometime before 1900. It was last sold for £595,000 in August 2024, which was around 23% above the average August 2024 detached price in the Rushcliffe local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was C.

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 Rushcliffe local authority area for the corresponding sale date. All of the four 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
2024 2 AUG	£595,000	£485,498	23% above HPI
2005 10 JUN	£400,000	£252,817	58% above HPI
1997 5 DEC	£149,500	£102,823	45% above HPI
1996 14 JUN	£124,000	£89,309	39% above HPI

THE OLD SCHOOL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The four THE OLD SCHOOL HOUSE sales between June 1996 and August 2024 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 June 2005 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the August 2024 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is THE OLD SCHOOL HOUSE?

THE OLD SCHOOL HOUSE is 138m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 40% of detached houses in Hickling, based on EPC data. The below chart shows the distribution of detached houses by size in Hickling, and where THE OLD SCHOOL HOUSE lies on this distribution: 37% of detached houses are smaller than THE OLD SCHOOL HOUSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Hickling.

THE OLD SCHOOL HOUSE: Plot and Title Map

THE OLD SCHOOL HOUSE sits on a plot of roughly 0.090 of an acre, or 362m². 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 MAIN STREET in HICKLING, in the LE14 postcode district. The below map shows the position of THE OLD SCHOOL HOUSE on MAIN STREET.