THE OLD SCHOOL, LITTLE HALE ROAD, GREAT HALE, SLEAFORD, NG34 9LH - £330,000

THE OLD SCHOOL is a very large extended detached house of 195m², built sometime from 2007 onwards. It was last sold for £330,000 in June 2019, which was around 31% above the average June 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

THE OLD SCHOOL Sold Prices

Land registry data shows four sales for THE OLD SCHOOL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the four THE 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 7 JUN	£330,000	£252,423	31% above HPI
2015 18 DEC	£324,950	£211,694	54% above HPI
2007 25 JUL	£205,000	£199,913	3% above HPI
1997 5 AUG	£22,500	£66,529	66% below HPI

THE OLD SCHOOL Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The four THE OLD SCHOOL sales between August 1997 and June 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 December 2015 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the June 2019 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is THE OLD SCHOOL?

THE OLD SCHOOL is 195m², which includes two extensions, according to the EPC inspection conducted in September 2009. This puts it in the largest 10% of detached houses in Great Hale, based on EPC data. The below chart shows the distribution of detached houses by size in Great Hale, and where THE OLD SCHOOL lies on this distribution: 95% of detached houses are smaller than THE OLD SCHOOL, and 5% of houses are larger. Note that EPC data is not available for all properties in Great Hale.

THE OLD SCHOOL: Plot and Title Map

THE OLD SCHOOL sits on a plot of roughly 0.184 of an acre, or 744m². The below map shows the location of THE 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 THE 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 THE OLD SCHOOL?

THE OLD SCHOOL is located on LITTLE HALE ROAD in GREAT HALE, in the NG34 postcode district. The below map shows the position of THE OLD SCHOOL on LITTLE HALE ROAD.