THE OLD SCHOOL, SHILBOTTLE, ALNWICK, NE66 2JB - £405,000

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 is a very large extended detached house of 217m², built sometime between 1976 and 1982, which could now be worth an estimated £563,324. It was last sold for £405,000 in December 2016, which was around 57% above the average December 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

THE OLD SCHOOL Sold Prices

Land registry data shows four sales for THE OLD SCHOOL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. two of the four THE OLD SCHOOL sales were for above the average price, and four 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
2016 12 DEC	£405,000	£258,669	57% above HPI
2005 29 APR	£353,000	£230,281	53% above HPI
2004 9 JUL	£210,001	£212,366	1% below HPI
2003 15 AUG	£125,000	£180,005	31% below HPI

THE OLD SCHOOL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The four THE OLD SCHOOL sales between August 2003 and December 2016 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 April 2005 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the December 2016 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might THE OLD SCHOOL be worth now?

THE OLD SCHOOL might now be worth an estimated £563,324.

This is based on house price inflation of 39.1%, between December 2016 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.1% inflationary increase is applied to the most recent sale price for THE OLD SCHOOL of £405,000 on 12th December 2016. For the value to have increased from £405,000 to £563,324 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of THE OLD SCHOOL has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The December 2016 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD SCHOOL has not materially changed since December 2016.

How Large is THE OLD SCHOOL?

THE OLD SCHOOL is 217m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the largest 10% of detached houses houses in Shilbottle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shilbottle, and where THE OLD SCHOOL lies on this distribution: More than 99% of detached houses houses are smaller than THE OLD SCHOOL, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Shilbottle.

THE OLD SCHOOL: Plot and Title Map

THE OLD SCHOOL sits on a plot of roughly 0.434 of an acre, or 1,755m². 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 in SHILBOTTLE, in the NE66 postcode district. The below map shows the position of THE OLD SCHOOL in SHILBOTTLE.