THE OLD SCHOOL, STANLEY, CROOK, DL15 9AN - £330,000

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 extended detached house of 315m², built sometime between 1900 and 1929. It was last sold for £330,000 in January 2022, which was around 69% above the average January 2022 detached price in the County Durham local authority area. The most recent EPC inspection was April 2013, where the current energy rating was B, and the potential energy rating was A.

THE OLD SCHOOL Sold Prices

Land registry data shows five sales for THE OLD SCHOOL since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the five 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
2022 7 JAN	£330,000	£195,618	69% above HPI
2016 3 MAY	£235,000	£159,456	47% above HPI
2010 16 FEB	£345,000	£169,811	103% above HPI
2004 12 MAR	£285,000	£128,220	122% above HPI
2001 16 NOV	£138,000	£86,862	59% above HPI

THE OLD SCHOOL Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The five THE OLD SCHOOL sales between November 2001 and January 2022 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 May 2016 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the January 2022 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

How Large is THE OLD SCHOOL?

THE OLD SCHOOL is 315m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 10% of detached houses in Stanley Crook, based on EPC data. The below chart shows the distribution of detached houses by size in Stanley Crook, 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 Stanley Crook.

THE OLD SCHOOL: Plot and Title Map

THE OLD SCHOOL sits on a plot of roughly 0.234 of an acre, or 947m². 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 STANLEY, in the DL15 postcode district. The below map shows the position of THE OLD SCHOOL in STANLEY.