OLD SCHOOL HOUSE, EDDINGTON ROAD, SEAVIEW, PO34 5EF - £272,500

OLD SCHOOL HOUSE is a very large extended detached house of 162m², built sometime before 1900. It was last sold for £272,500 in October 2015, which was around 5% below the average October 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2008, where the current energy rating was F, and the potential energy rating was E.

OLD SCHOOL HOUSE Sold Prices

Land registry data shows two sales for 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 Isle of Wight local authority area for the corresponding sale date. One of the two OLD SCHOOL HOUSE sales was for below the average price, whilst the other was 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
2015 9 OCT	£272,500	£286,326	5% below HPI
1996 12 JAN	£81,000	£71,649	13% above HPI

OLD SCHOOL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The two OLD SCHOOL HOUSE sales from January 1996 and October 2015 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 January 1996 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2015 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is OLD SCHOOL HOUSE?

OLD SCHOOL HOUSE is 162m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 10% of detached houses in Nettlestone, based on EPC data. The below chart shows the distribution of detached houses by size in Nettlestone, and where OLD SCHOOL HOUSE lies on this distribution: 90% of detached houses are smaller than OLD SCHOOL HOUSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

OLD SCHOOL HOUSE: Plot and Title Map

OLD SCHOOL HOUSE sits on a plot of roughly 0.183 of an acre, or 743m². The below map shows the location of 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 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 OLD SCHOOL HOUSE?

OLD SCHOOL HOUSE is located on EDDINGTON ROAD in SEAVIEW, in the PO34 postcode district. The below map shows the position of OLD SCHOOL HOUSE on EDDINGTON ROAD.