THE OLD SCHOOL, MAIN STREET, FARCET, PETERBOROUGH, PE7 3DB - £715,000

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 is a very large detached house of 214m², built sometime between 1900 and 1929. It was last sold for £715,000 in May 2023, which was around 52% above the average May 2023 detached price in the Huntingdonshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

THE OLD SCHOOL Sold Prices

Land registry data shows three sales for THE OLD SCHOOL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Huntingdonshire local authority area for the corresponding sale date. All of the three THE OLD SCHOOL 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
2023 12 MAY	£715,000	£470,455	52% above HPI
2017 3 NOV	£430,000	£399,977	8% above HPI
2011 18 FEB	£337,500	£260,835	29% above HPI

THE OLD SCHOOL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Huntingdonshire local authority area over time, sourced from the HPI. The three THE OLD SCHOOL sales between February 2011 and May 2023 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 November 2017 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2023 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is THE OLD SCHOOL?

THE OLD SCHOOL is 214m² according to the EPC inspection conducted in June 2017. This puts it in the largest 10% of detached houses in Farcet, based on EPC data. The below chart shows the distribution of detached houses by size in Farcet, and where THE OLD SCHOOL lies on this distribution: 97% of detached houses are smaller than THE OLD SCHOOL, and 3% of houses are larger. Note that EPC data is not available for all properties in Farcet.

THE OLD SCHOOL: Plot and Title Map

THE OLD SCHOOL sits on a plot of roughly 0.225 of an acre, or 909m². The below map shows the location of THE OLD SCHOOL, 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). 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?

THE OLD SCHOOL is located on MAIN STREET in FARCET, in the PE7 postcode district. The below map shows the position of THE OLD SCHOOL on MAIN STREET.