THE OLD SCHOOL HOUSE, RECTORY LANE, ASHINGTON, PULBOROUGH, RH20 3AS - £449,950

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 small detached house of 87m², built sometime before 1900, which could now be worth an estimated £685,197. It was last sold for £449,950 in July 2013, which was around 9% below the average July 2013 detached price in the Horsham local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, 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 detached price in the Horsham 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
2013 26 JUL	£449,950	£492,797	9% below HPI
2005 24 OCT	£325,000	£391,745	17% below HPI
1997 30 JUN	£141,500	£160,500	12% below HPI

THE OLD SCHOOL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Horsham local authority area over time, sourced from the HPI. The three THE OLD SCHOOL HOUSE sales between June 1997 and July 2013 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 2005 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2013 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might THE OLD SCHOOL HOUSE be worth now?

THE OLD SCHOOL HOUSE might now be worth an estimated £685,197.

This is based on house price inflation of 52.3%, between July 2013 and February 2025, for detached houses, in the Horsham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 52.3% inflationary increase is applied to the most recent sale price for THE OLD SCHOOL HOUSE of £449,950 on 26th July 2013. For the value to have increased from £449,950 to £685,197 over the twelve years and five 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 Horsham local authority area.
• The July 2013 sale price of £449,950 represented a fair market value for the property.
• The size, condition, and specification of THE OLD SCHOOL HOUSE has not materially changed since July 2013.

How Large is THE OLD SCHOOL HOUSE?

THE OLD SCHOOL HOUSE is 87m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of detached houses houses in Ashington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashington, and where THE OLD SCHOOL HOUSE lies on this distribution: 9% of detached houses houses are smaller than THE OLD SCHOOL HOUSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Ashington.

THE OLD SCHOOL HOUSE: Plot and Title Map

THE OLD SCHOOL HOUSE sits on a plot of roughly 0.124 of an acre, or 502m². 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 RECTORY LANE in ASHINGTON, in the RH20 postcode district. The below map shows the position of THE OLD SCHOOL HOUSE on RECTORY LANE.