4, OLD SCHOOL HOUSE, MILLBROOK LANE, EXETER, EX2 6FA - £340,000

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.

4 OLD SCHOOL HOUSE is a small detached house of 91m², which could now be worth an estimated £405,432. It was last sold for £340,000 in October 2018, which was around 24% below the average October 2018 detached price in the Exeter local authority area. The most recent EPC inspection was January 2015, where the current energy rating was B, and the potential energy rating was A.

4 OLD SCHOOL HOUSE Sold Prices

Land registry data shows two sales for 4 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 Exeter local authority area for the corresponding sale date. Both of the two 4 OLD SCHOOL HOUSE sales 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
2018 5 OCT	£340,000	£449,929	24% below HPI
2017 6 FEB	£310,000	£398,277	22% below HPI

4 OLD SCHOOL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Exeter local authority area over time, sourced from the HPI. The two 4 OLD SCHOOL HOUSE sales from February 2017 and October 2018 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 February 2017 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 4 OLD SCHOOL HOUSE be worth now?

4 OLD SCHOOL HOUSE might now be worth an estimated £405,432.

This is based on house price inflation of 19.2%, between October 2018 and October 2025, for detached houses, in the Exeter local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.2% inflationary increase is applied to the most recent sale price for 4 OLD SCHOOL HOUSE of £340,000 on 5th October 2018. For the value to have increased from £340,000 to £405,432 over the seven years to October 2025, the following assumptions must hold true:

• The value of 4 OLD SCHOOL HOUSE has moved in line with the HPI for detached houses in the Exeter local authority area.
• The October 2018 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 4 OLD SCHOOL HOUSE has not materially changed since October 2018.

How Large is 4 OLD SCHOOL HOUSE?

4 OLD SCHOOL HOUSE is 91m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% of detached houses houses in Exeter, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exeter, and where 4 OLD SCHOOL HOUSE lies on this distribution: 23% of detached houses houses are smaller than 4 OLD SCHOOL HOUSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Exeter.

4 OLD SCHOOL HOUSE: Plot and Title Map

4 OLD SCHOOL HOUSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 4 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 4 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 4 OLD SCHOOL HOUSE?

4 OLD SCHOOL HOUSE is located on MILLBROOK LANE in EXETER, in the EX2 postcode district. The below map shows the position of 4 OLD SCHOOL HOUSE on MILLBROOK LANE.