THE OLD SCHOOL HOUSE, SCHOOL LANE, PLYMPTON, PLYMOUTH, PL7 1NQ - £400,000

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 very large detached house of 193m², built sometime before 1900. It was last sold for £400,000 in February 2021, which was around 22% above the average February 2021 detached price in the City of Plymouth local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

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 City of Plymouth local authority area for the corresponding sale date. One of the two THE OLD SCHOOL HOUSE sales was for above the average price, whilst the other 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
2021 3 FEB	£400,000	£328,379	22% above HPI
2016 14 DEC	£287,500	£292,303	2% below HPI

THE OLD SCHOOL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Plymouth local authority area over time, sourced from the HPI. The two THE OLD SCHOOL HOUSE sales from December 2016 and February 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 December 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2021 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is THE OLD SCHOOL HOUSE?

THE OLD SCHOOL HOUSE is 193m² according to the EPC inspection conducted in July 2020. This puts it in the largest 10% of detached houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses by size in Plymouth, and where THE OLD SCHOOL HOUSE lies on this distribution: 92% of detached 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 Plymouth.

THE OLD SCHOOL HOUSE: Plot and Title Map

THE OLD SCHOOL HOUSE sits on a plot of roughly 0.060 of an acre, or 243m². 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 SCHOOL LANE in PLYMPTON, in the PL7 postcode district. The below map shows the position of THE OLD SCHOOL HOUSE on SCHOOL LANE.