OLD SCHOOL, SCHOOL LANE, BILLINGSHURST, RH14 9QL - £785,000

OLD SCHOOL is a very large extended detached house of 297m², built sometime before 1900. It was last sold for £785,000 in July 2019, which was around 32% above the average July 2019 detached price in the Horsham local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was C.

OLD SCHOOL Sold Prices

Land registry data shows three sales for OLD SCHOOL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the three 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
2019 31 JUL	£785,000	£596,943	32% above HPI
1998 29 SEP	£259,750	£188,765	38% above HPI
1995 26 JAN	£230,000	£126,115	82% above HPI

OLD SCHOOL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Horsham local authority area over time, sourced from the HPI. The three OLD SCHOOL sales between January 1995 and July 2019 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 September 1998 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the July 2019 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is OLD SCHOOL?

OLD SCHOOL is 297m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 10% of detached houses in Billingshurst, based on EPC data. The below chart shows the distribution of detached houses by size in Billingshurst, and where OLD SCHOOL lies on this distribution: 99% of detached houses are smaller than OLD SCHOOL, and 1% of houses are larger. Note that EPC data is not available for all properties in Billingshurst.

OLD SCHOOL: Plot and Title Map

OLD SCHOOL sits on a plot of roughly 0.296 of an acre, or 1,199m². The below map shows the location of 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 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 OLD SCHOOL?

OLD SCHOOL is located on SCHOOL LANE in BILLINGSHURST, in the RH14 postcode district. The below map shows the position of OLD SCHOOL on SCHOOL LANE.