THE OLD SCHOOL HOUSE, FAIR HILL, HALTWHISTLE, NE49 9EE - £315,000

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 SCHOOL HOUSE is a very large extended detached house of 265m², built sometime before 1900, which could now be worth an estimated £431,527. It was last sold for £315,000 in May 2018, which was around 18% above the average May 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

THE OLD SCHOOL HOUSE Sold Prices

Land registry data shows three sales for THE OLD SCHOOL HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Two of the three THE OLD SCHOOL HOUSE sales were for above the average price, whilst one was 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 31 MAY	£315,000	£266,594	18% above HPI
2002 5 JUL	£175,000	£134,527	30% above HPI
1997 16 MAY	£35,000	£89,424	61% below HPI

THE OLD SCHOOL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three THE OLD SCHOOL HOUSE sales between May 1997 and May 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 July 2002 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the May 2018 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might THE OLD SCHOOL HOUSE be worth now?

THE OLD SCHOOL HOUSE might now be worth an estimated £431,527.

This is based on house price inflation of 37%, between May 2018 and October 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37% inflationary increase is applied to the most recent sale price for THE OLD SCHOOL HOUSE of £315,000 on 31st May 2018. For the value to have increased from £315,000 to £431,527 over the six years and seven months to October 2025, the following assumptions must hold true:

• The value of THE OLD SCHOOL HOUSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The May 2018 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD SCHOOL HOUSE has not materially changed since May 2018.

How Large is THE OLD SCHOOL HOUSE?

THE OLD SCHOOL HOUSE is 265m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the largest 10% of detached houses houses in Haltwhistle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Haltwhistle, and where THE OLD SCHOOL HOUSE lies on this distribution: 98% of detached houses houses are smaller than THE OLD SCHOOL HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Haltwhistle.

THE OLD SCHOOL HOUSE: Plot and Title Map

THE OLD SCHOOL HOUSE sits on a plot of roughly 0.171 of an acre, or 690m². The below map shows the location of THE 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 THE 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 THE OLD SCHOOL HOUSE?

THE OLD SCHOOL HOUSE is located on FAIR HILL in HALTWHISTLE, in the NE49 postcode district. The below map shows the position of THE OLD SCHOOL HOUSE on FAIR HILL.