THE OLD VILLAGE SCHOOL, CHURCH LANE, HAGWORTHINGHAM, SPILSBY, PE23 4LP - £339,000

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 VILLAGE SCHOOL is a very large extended detached house of 266m², built sometime before 1900, which could now be worth an estimated £607,879. It was last sold for £339,000 in November 2012, which was around 112% above the average November 2012 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was C.

THE OLD VILLAGE SCHOOL Sold Prices

Land registry data shows two sales for THE OLD VILLAGE SCHOOL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two THE OLD VILLAGE 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
2012 9 NOV	£339,000	£159,636	112% above HPI
2002 21 AUG	£180,000	£107,027	68% above HPI

THE OLD VILLAGE SCHOOL Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two THE OLD VILLAGE SCHOOL sales from August 2002 and November 2012 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 August 2002 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the November 2012 sale, where it rises to 112% above the HPI. The line then continues to track at 112% above the HPI.

What might THE OLD VILLAGE SCHOOL be worth now?

THE OLD VILLAGE SCHOOL might now be worth an estimated £607,879.

This is based on house price inflation of 79.3%, between November 2012 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 79.3% inflationary increase is applied to the most recent sale price for THE OLD VILLAGE SCHOOL of £339,000 on 9th November 2012. For the value to have increased from £339,000 to £607,879 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of THE OLD VILLAGE SCHOOL has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2012 sale price of £339,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD VILLAGE SCHOOL has not materially changed since November 2012.

How Large is THE OLD VILLAGE SCHOOL?

THE OLD VILLAGE SCHOOL is 266m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 10% of detached houses houses in Hagworthingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hagworthingham, and where THE OLD VILLAGE SCHOOL lies on this distribution: 93% of detached houses houses are smaller than THE OLD VILLAGE SCHOOL, and 7% of houses are larger. Note that EPC data is not available for all properties in Hagworthingham.

THE OLD VILLAGE SCHOOL: Plot and Title Map

THE OLD VILLAGE SCHOOL sits on a plot of roughly 0.596 of an acre, or 2,410m². The below map shows the location of THE OLD VILLAGE 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 VILLAGE 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 VILLAGE SCHOOL?

THE OLD VILLAGE SCHOOL is located on CHURCH LANE in HAGWORTHINGHAM, in the PE23 postcode district. The below map shows the position of THE OLD VILLAGE SCHOOL on CHURCH LANE.