THE OLD SCHOOL, STANLEY, CROOK, DL15 9AN - £330,000

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 is a very large extended detached house of 315m², built sometime between 1900 and 1929, which could now be worth an estimated £384,594. It was last sold for £330,000 in January 2022, which was around 64% above the average January 2022 detached price in the County Durham local authority area. The most recent EPC inspection was April 2013, where the current energy rating was B, and the potential energy rating was A.

THE OLD SCHOOL Sold Prices

Land registry data shows five sales for THE OLD SCHOOL since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the five 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
2022 7 JAN	£330,000	£201,085	64% above HPI
2016 3 MAY	£235,000	£163,912	43% above HPI
2010 16 FEB	£345,000	£174,557	98% above HPI
2004 12 MAR	£285,000	£131,803	116% above HPI
2001 16 NOV	£138,000	£89,290	55% above HPI

THE OLD SCHOOL Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The five THE OLD SCHOOL sales between November 2001 and January 2022 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 May 2016 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the January 2022 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

What might THE OLD SCHOOL be worth now?

THE OLD SCHOOL might now be worth an estimated £384,594.

This is based on house price inflation of 16.5%, between January 2022 and May 2026, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.5% inflationary increase is applied to the most recent sale price for THE OLD SCHOOL of £330,000 on 7th January 2022. For the value to have increased from £330,000 to £384,594 over the three years and eight months to May 2026, the following assumptions must hold true:

• The value of THE OLD SCHOOL has moved in line with the HPI for detached houses in the County Durham local authority area.
• The January 2022 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD SCHOOL has not materially changed since January 2022.

How Large is THE OLD SCHOOL?

THE OLD SCHOOL is 315m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 10% of detached houses houses in Stanley Crook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stanley Crook, and where THE OLD SCHOOL lies on this distribution: 97% of detached houses houses are smaller than THE OLD SCHOOL, and 3% of houses are larger. Note that EPC data is not available for all properties in Stanley Crook.

THE OLD SCHOOL: Plot and Title Map

THE OLD SCHOOL sits on a plot of roughly 0.234 of an acre, or 947m². 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 in STANLEY, in the DL15 postcode district. The below map shows the position of THE OLD SCHOOL in STANLEY.