THE OLD SCHOOL HOUSE, REFORNE, PORTLAND, DT5 2AN - £247,500

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 large detached house of 136m², built sometime before 1900, which could now be worth an estimated £416,351. It was last sold for £247,500 in November 2009, which was around 21% below the average November 2009 detached price in the Dorset local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was D.

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 Dorset local authority area for the corresponding sale date. Both of the two 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
2009 6 NOV	£247,500	£314,126	21% below HPI
1996 12 JAN	£64,950	£93,604	31% below HPI

THE OLD SCHOOL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The two THE OLD SCHOOL HOUSE sales from January 1996 and November 2009 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 1996 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2009 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might THE OLD SCHOOL HOUSE be worth now?

THE OLD SCHOOL HOUSE might now be worth an estimated £416,351.

This is based on house price inflation of 68.2%, between November 2009 and February 2025, for detached houses, in the Dorset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 68.2% inflationary increase is applied to the most recent sale price for THE OLD SCHOOL HOUSE of £247,500 on 6th November 2009. For the value to have increased from £247,500 to £416,351 over the sixteen 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 Dorset local authority area.
• The November 2009 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of THE OLD SCHOOL HOUSE has not materially changed since November 2009.

How Large is THE OLD SCHOOL HOUSE?

THE OLD SCHOOL HOUSE is 136m² according to the EPC inspection conducted in July 2009. This puts it in the largest 30% of detached houses houses in Weston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Weston, and where THE OLD SCHOOL HOUSE lies on this distribution: 79% of detached houses houses are smaller than THE OLD SCHOOL HOUSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Weston.

THE OLD SCHOOL HOUSE: Plot and Title Map

THE OLD SCHOOL HOUSE sits on a plot of roughly 0.054 of an acre, or 220m². 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 REFORNE in PORTLAND, in the DT5 postcode district. The below map shows the position of THE OLD SCHOOL HOUSE on REFORNE.